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Profitable Kangaroo Convenience Store For Sale

Seminole, Florida, US
Asking Price:
$200,000
Sales Revenue:
Undisclosed
Cash Flow:
$117,033

Profitable Kangaroo Convenience Store for Sale
Kangaroo convenience store for sale. The store was recently remodeled to Kangaroo and is doing 138k inside sales. The sales have continued to go up every month since the remodel was completed. The store is currently absentee run and should do much better with an owner operator. Buyer would have to be approved by Kangaroo.

Requirements are below....

350k liquid (bank account, stocks, ect.)This could go up depending on purchase price of the business.
250k in US assets.
US Citizen/ Canadian Citizen with us work authorization or E2 Visa
No Felonies
No bankruptcies in the past 5 years
Live within an hour of the store
At least 3 years relative experience

Property Information

Real Estate:

Lease

Location:

Seminole, FL (Pinellas County)

Premises Details:

5 year lease with two 5 year options. $40,000 Security Deposit.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

The store is being run poorly and therefore a good operator should be able to get the inside sale way up.

Competition / Market:

Lots of opportunity.

Reasons for selling:

Absentee owner

Employees:
8

Other Information

Support & training:

Kangaroo training required.

Inventory / Stock value:
$100,000