Profitable Convenient Markets Available
Business Description
PROFITABLE CONVENIENCE STORE - PRIME RICHMOND LOCATION
Established convenience store operating since 1997, strategically positioned adjacent to Richmond High School in Richmond, CA. This well-positioned retail operation generates strong consistent revenue with steady growth trajectory.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $600,000 with 3% year-over-year growth
• Net Profit: $100,000 annually
• Profit Margin: 30%
• Additional rental income of $5,000 from apartment and restaurant tenants
• Potential for additional income through office space leasing (Western Union, MoneyGram services)
BUSINESS OVERVIEW:
This market benefits from its strategic location directly adjacent to Richmond High School, ensuring consistent foot traffic from students, faculty, and local community members. The business has demonstrated resilience and growth over its 26-year operating history.
OPERATIONAL DETAILS:
• Building Size: 3,500 square feet
• Monthly Lease: $3,500
• Inventory Value: $100,000
• Absentee owner operation - ideal for owner-operator or investor
• Established customer base with predictable revenue streams
LOCATION ADVANTAGES:
Situated in Contra Costa County, the store's proximity to Richmond High School provides built-in customer traffic. The location also supports additional revenue opportunities through rental income and financial services.
This profitable convenience store represents an excellent opportunity for an owner-operator looking to acquire an established business with proven financial performance, strategic location benefits, and multiple income streams. The combination of retail operations, rental income, and potential service expansion creates a diversified revenue portfolio.
Asking Price: $400,000
Established convenience store operating since 1997, strategically positioned adjacent to Richmond High School in Richmond, CA. This well-positioned retail operation generates strong consistent revenue with steady growth trajectory.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $600,000 with 3% year-over-year growth
• Net Profit: $100,000 annually
• Profit Margin: 30%
• Additional rental income of $5,000 from apartment and restaurant tenants
• Potential for additional income through office space leasing (Western Union, MoneyGram services)
BUSINESS OVERVIEW:
This market benefits from its strategic location directly adjacent to Richmond High School, ensuring consistent foot traffic from students, faculty, and local community members. The business has demonstrated resilience and growth over its 26-year operating history.
OPERATIONAL DETAILS:
• Building Size: 3,500 square feet
• Monthly Lease: $3,500
• Inventory Value: $100,000
• Absentee owner operation - ideal for owner-operator or investor
• Established customer base with predictable revenue streams
LOCATION ADVANTAGES:
Situated in Contra Costa County, the store's proximity to Richmond High School provides built-in customer traffic. The location also supports additional revenue opportunities through rental income and financial services.
This profitable convenience store represents an excellent opportunity for an owner-operator looking to acquire an established business with proven financial performance, strategic location benefits, and multiple income streams. The combination of retail operations, rental income, and potential service expansion creates a diversified revenue portfolio.
Asking Price: $400,000
About the Business
- Years in Operation
- 28
- Employees
- 2 (2 Full-time)
- Facilities & Assets
- Strategic Location Market Convenient Market, Wall to Wall With Richmond High School.
Revenue/Sales Yearly: $600,000 + 3% Growth per year
Net Profits Year: $100k
Margin: 30%
$5000 In Rental Income From Apartment and Restaurant
Additional Income Available from Office space for lease - western union , money gram.
Please contact quickly if you are interested.
Please Text/call:
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,500
- Rent
- $3,500.00 per month
Listing Info
- ID
- 2449812
- Listing Views
- 32
Business Location
Listing ID: 2449812 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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