This is a well-established beer & wine convenience store with smoke shop sales, currently operated by an absentee owner, offering a strong value-add opportunity for an owner-operator. Increased profitability can be achieved through hands-on management, extended operating hours, improved purchasing strategies, and tighter expense control.

The store benefits from exceptionally low rent of $5,500 per month (all NNN included), with an existing sublease to an on-site tattoo shop generating $1,000 per month, effectively reducing net rent to approximately $4,500 per month. The business is currently grossing approximately $45,000–$50,000 per month, with significant upside potential. Opportunities to increase revenue include buying inventory in bulk, expanding product offerings, adding services such as check cashing, and extending operating hours.

Located in a highly populated, dense residential area, the store enjoys strong neighborhood traffic and visibility. The owner is asking $175,000 plus inventory and is open to seller financing with $100,000 down. The landlord is willing to offer a new 5-year lease with one 5-year option.

For more information, please contact Ismail Abushanab.