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Listed by:

Mike Darmo-American Realty Brokers

$160,000 NET #10 Glendale Convenience Store For Sale

Glendale, Arizona, US
Asking Price:
$490,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,020,000
Cash Flow:
$160,000

Here is the store that boasts a large area and a great location in a very busy part of Central Glendale that has non-stop traffic and tons of room for anything you want to do. The store is 2600 sq.ft. with a rent of only $6000 with 4 years left and options. The store produces over $1,020,000 in gross sales a year and around $160,000 in profit in the owner's pocket after all expenses. The store also offers U-Haul services and the commissions are around $300 to $500 a month as well as a check-cashing sub-lease that produces $1500 in sub-lease rent per month as well. This store has tons of potential especially with the size of the space and the location. The store boasts $120,000 worth of inventory at cost included in the price. The store also has a wrap around walk-in cooled and tons of showcases for product and an unbeaten location in the Heart of Glendale. Seller is offering amazing seller financing terms with $300,000 down and $190,000 for 2 years at 6.5%. Hurry up this store will go quick especially for this price and the amazing lease rate. These deals are very rare.

Property Information

Real Estate:

Lease

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$300,000 down and $190,000 for 2 years at 6.5%

Furniture / Fixtures value:
$75,000 - included in the asking price
Inventory / Stock value:
$120,000 - included in the asking price