“Established Convenience Store – Walk In & Start Earning”
Business Description
Established Convenience Store – Walk In & Start Earning
This well-established convenience store has been serving the Washington, DC community for over 3/4 decades, offering a proven business model with steady cash flow in a busy neighborhood location.
Business Overview:
This turnkey operation specializes in essential convenience items including groceries, tobacco products, and is strategically positioned for beer and wine sales with proper licensing. The store benefits from its prime neighborhood location with consistent foot traffic and an established customer base built over generations.
Financial Highlights:
- Annual Revenue: $40,000
- Asking Price: $80,000 (includes $19,000 inventory)
- Fixtures, Furniture & Equipment valued at $20,000
- Monthly rent: $3,500 with no property tax obligations
- Absentee owner operation demonstrates hands-off potential
Key Advantages:
- Decades-long operating history providing stability and community recognition
- Strategic location in busy neighborhood with consistent customer traffic
- Opportunity for enhanced profitability with beer and wine license implementation
- Turnkey operation ready for immediate takeover
- Established supplier relationships and customer base
- No property tax burden reducing operational overhead
Growth Potential:
The business presents significant upside opportunity for an operator willing to obtain beer and wine licensing, which the current location is well-suited for. The established customer base and prime neighborhood positioning provide a solid foundation for expansion of product offerings and increased revenue generation.
This represents an excellent opportunity for an entrepreneur seeking a stable, established business in the convenience retail sector with potential for growth through strategic licensing and enhanced operations.
This well-established convenience store has been serving the Washington, DC community for over 3/4 decades, offering a proven business model with steady cash flow in a busy neighborhood location.
Business Overview:
This turnkey operation specializes in essential convenience items including groceries, tobacco products, and is strategically positioned for beer and wine sales with proper licensing. The store benefits from its prime neighborhood location with consistent foot traffic and an established customer base built over generations.
Financial Highlights:
- Annual Revenue: $40,000
- Asking Price: $80,000 (includes $19,000 inventory)
- Fixtures, Furniture & Equipment valued at $20,000
- Monthly rent: $3,500 with no property tax obligations
- Absentee owner operation demonstrates hands-off potential
Key Advantages:
- Decades-long operating history providing stability and community recognition
- Strategic location in busy neighborhood with consistent customer traffic
- Opportunity for enhanced profitability with beer and wine license implementation
- Turnkey operation ready for immediate takeover
- Established supplier relationships and customer base
- No property tax burden reducing operational overhead
Growth Potential:
The business presents significant upside opportunity for an operator willing to obtain beer and wine licensing, which the current location is well-suited for. The established customer base and prime neighborhood positioning provide a solid foundation for expansion of product offerings and increased revenue generation.
This represents an excellent opportunity for an entrepreneur seeking a stable, established business in the convenience retail sector with potential for growth through strategic licensing and enhanced operations.
Listing Info
- ID
- 2463507
- Listing Views
- 59
Business Location
Listing ID: 2463507 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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