Phoenix Convenience Store + Cell Phone Repair | Absentee | Low Rent
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Turnkey convenience store, grocery market, and full-service cell phone repair shop on a high-traffic Phoenix corridor with street-front visibility, its own parking lot, and low rent. Established in 2003, this is a long-standing neighborhood store with three income streams under one roof.
The space is 3,000 sq ft of clean, organized retail, stocked with everyday essentials, specialty grocery items, snacks, beverages, and household goods, and it holds a Series 10 beer and wine license along with lottery and TPT. The cell phone repair shop adds service income alongside retail sales, and there is additional tenant rental income.
The business runs absentee. Two full-time and one part-time employee are in place and the owner provides oversight only, which suits an investor as well as an owner-operator. Rent is $3,500 per month on a new lease, roughly $14 per square foot annually.
Seller's estimated financials, based on the 2025 monthly average annualized: $960,000 in gross revenue and $198,000 in owner's cash flow. These are seller estimates; books and records will be made available to verify.
Seller financing is available with $300,000 down and the balance over three years at 8% ($7,834 per month). Inventory of approximately $100,000 at cost is purchased separately at close and is not included in the asking price, so plan on roughly $400,000 in cash at closing.
Two weeks of seller familiarization is included. Assets transfer free and clear at close. Buyer must qualify for transfer of the Series 10 liquor license, lottery contract, and TPT license. NDA and proof of funds required.
The space is 3,000 sq ft of clean, organized retail, stocked with everyday essentials, specialty grocery items, snacks, beverages, and household goods, and it holds a Series 10 beer and wine license along with lottery and TPT. The cell phone repair shop adds service income alongside retail sales, and there is additional tenant rental income.
The business runs absentee. Two full-time and one part-time employee are in place and the owner provides oversight only, which suits an investor as well as an owner-operator. Rent is $3,500 per month on a new lease, roughly $14 per square foot annually.
Seller's estimated financials, based on the 2025 monthly average annualized: $960,000 in gross revenue and $198,000 in owner's cash flow. These are seller estimates; books and records will be made available to verify.
Seller financing is available with $300,000 down and the balance over three years at 8% ($7,834 per month). Inventory of approximately $100,000 at cost is purchased separately at close and is not included in the asking price, so plan on roughly $400,000 in cash at closing.
Two weeks of seller familiarization is included. Assets transfer free and clear at close. Buyer must qualify for transfer of the Series 10 liquor license, lottery contract, and TPT license. NDA and proof of funds required.
About the Business
- Years in Operation
- 23
- Employees
- 3 (2 Full-time, 1 Part-time)
Two full-time and one part-time employee run the store day to day. - Facilities & Assets
- 3,000 sq ft of street-front retail space with its own parking lot, on a new lease at $3,500 per month. Shelving, displays, coolers, and POS systems are established and in place, and the seller's estimated value of equipment and fixtures included in the price is $50,000. The cell phone repair shop operates within the same footprint. Inventory of approximately $100,000 at cost is purchased separately at close and is not part of the asking price.
- Market Outlook / Competition
- Neighborhood convenience retail in central Phoenix, drawing both local residents and daily passing traffic on a busy street-front corridor. Demand for convenience goods, beer and wine, and lottery is steady and largely local, and the store has operated at this location since 2003.
The category is competitive, with national chains and independent operators in the market. This store's position rests on its corridor visibility, dedicated parking, the beer and wine license, and the cell phone repair counter, which chains in the category generally do not offer and which brings in customers who would not otherwise walk in. - Opportunities for Growth
- The store currently closes at 9pm six days a week, so extending hours is the most direct lever on revenue. Beyond that: expanding product categories, adding prepared or hot food, marketing the cell phone repair service beyond walk-in traffic, adding delivery through third-party apps, and building out money services such as ATM and money transfer. The location, licenses, staff, and lease are already in place, so growth comes from operating the existing footprint harder rather than new capital investment.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $3,500 per month
About the Sale
- Seller Motivation
- Owner is pursuing another opportunity.
- Transition Support
- Seller will familiarize the buyer for two weeks at no cost. Two full-time and one part-time employee are in place and expected to stay, and the store has been running on an absentee basis with owner oversight only, so daily operations continue without interruption through a transition.
The buyer must qualify for and complete transfer of the Series 10 beer and wine license, the lottery contract, and the TPT license. Liquor license transfers in Arizona require state and city approval, and timing should be built into the escrow schedule. A three-year non-compete covering the existing trading area is included in the sale. - Financing Options
- Seller financing available: $300,000 down, balance over three years at 8%
Listing Info
- ID
- 2546333
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2546333 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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