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Listed by:

Transworld Business Advisors Phoenix

East Valley Neighborhood Market Low Rent And Room For Sale

Phoenix, Arizona, US
Asking Price:
$195,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$200,000
Cash Flow:
$100,000

Step into an established neighborhood market serving a densely populated area of the East Valley. The store offers groceries, everyday convenience items, and cell phone merchandise in a compact space well suited to an owner-operator. Current base rent is $700 per month, plus a share of utilities, and the sale includes inventory, fixtures, and equipment.

The seller is retiring, creating an opportunity for a new owner to build on the existing business and continue serving the neighborhood. With limited advertising to date, a buyer could introduce the store to more customers through local outreach and online promotion, while refining the product mix based on what customers buy and ask for.

A new owner could also explore adding services at the store, subject to meeting applicable state qualifications and obtaining any required licenses or approvals.

Investment Highlights:

-Diversified revenue streams

-Established East Valley retail presence

-Grocery, merchandise, and service-based income

-Manageable owner-operator footprint

-Included inventory and FF&E

-Retirement-driven sale

Property Information

Real Estate:

Lease

Size in square feet:
1,000

Business Operation

Expansion Potential:

A buyer could explore adding packaged beer and wine sales to the store. Arizona’s Series 10 Beer and Wine Store license allows sales of beer and wine in sealed containers for consumption off the premises. This is a potential opportunity, subject to confirming lease permission, site eligibility, and City of Mesa and Arizona licensing approvals for 507 E University Dr, Suite #3, Mesa, AZ 85203. If approved, the added category could broaden the store’s selection and create another reason for customers to visit.

Competition / Market:

La Tiendita competes with other convenience stores, grocery retailers, and stores selling cell phone accessories in the Mesa area. Its combination of everyday items and cell phone merchandise gives a buyer room to serve several routine shopping needs from one location. Product selection, attentive service, and consistent local marketing will be important ways to attract repeat customers.

Reasons for selling:

Retire

Trading hours:

8:00 AM - 8:00 PM

Employees:
4
Years established:
2016

Other Information

Support & training:

1 Week

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$60,000 - included in the asking price

Listed by

Transworld Business Advisors Phoenix