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Listed by:

The Agency NW Real Estate

Convenience Store in Shoreline For Sale

Shoreline, Washington, US
Asking Price:
$199,999 Furniture / Fixtures included
Sales Revenue:
$235,000
Cash Flow:
$50K - $100K

Established and turnkey discount store.

Everything is sold here everything from beer and wine to cigarettes to vape supplies to clothes, snacks and dollar items. Too many and too varied to list all types of items sold here.

Dollar stores, convenient stores, mini marts and grocery stores are common to all ethnic groups, and cross ethnic boundaries everybody is looking for a good deal on stuff. And everybody needs to shop, this kind of business has will always be around. Despite the economic situation. This is a high cash business.

This is not a franchise which allows you to modify the inventory to better fit what you want to focus on selling. Super high traffic location, this is on the busiest street in town with a constant flow of slow-moving traffic literally just a few feet from your front door 24/7. (that means you don’t have to worry about your customer base) it will be there all the time.

People constantly coming in looking for this or for that and it is nonstop. There also is a walk-in customer base too. Current owner has been here selling these this’s and the that’s since 1997. So almost 25 years that’s a pretty good indication that he must have been making money here.

The store inventory here a lot bigger and more varied than you might expect. Currently seller does no marketing or advertising, no social media presence and has no website even. So there is some /many sales dollars are being missed out on.

Just adding a website and or social media presence to this type of business would pay big dividends, it would give new owner the ability to reach well outside the storefront to make additional sales as customers could order online, thus giving you the ability to have even a greater inventory of stuff to sell. (you will not limited by the size of this store for your sellable goods)

The website and social media presence would also give you the ability to offer specials and promotions. With this high traffic location, you could even focus on ethnic or specialty store type stuff. There is free parking and easy in and out access for your customers. Opens daily at 12 PM so No early work mornings and closes at 8 PM so No late work evenings. Seller says he takes home about $95,000 a year from this business.

If you want to get into the mini mart, dollar store type business this dollar store makes lots of cents!!! Give us call to find out more about this stuff.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly lease is only $2,000 a month. The current lease expires in 2026.

Leasehold Rent:

$2,000 per annum

Living Accommodation:

N/A

Location:

Super high traffic location, this is on the busiest street in town with a constant flow of slow-moving traffic literally just a few feet from your front door 24/7. (that means you don’t have to worry about your customer base) it will be there all the time. People constantly coming in looking for this or for that and it is nonstop. There also is a walk-in customer base too.

Premises Details:

The monthly lease is only $2,000 a month. The current lease expires in 2026. The square footage is 1500. Good signage and visibility from the street. All the equipment to include all the refrigeration coolers are owned by the seller and included in the sale price. There is no debt or liens.

Size in square feet:
1,500

Business Operation

Expansion Potential:

Currently seller does no marketing or advertising, no social media presence and has no website even. So there is many sales dollars that are being missed out on. Just adding a website and or social media presence to this type of business would pay big dividends, it would give new owner the ability to reach well outside the storefront to make additional sales as customers could order online, thus giving you the ability to have even a greater inventory of stuff to sell. The website and social media presence would also give you the ability to offer specials and promotions. With this high traffic location, you could even focus on ethnic or specialty store type stuff.

Competition / Market:

Little competition in the neighborhood

Reasons for selling:

Seller wants to retire

Trading hours:

7 days a week
12 PM to 8 PM

Employees:
just owner operator no employees
Years established:
1997

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

N/A

Other Information

Support & training:

Seller willing to train buyer in all aspects of business to include how and who to order products from, pricing, best-selling items etc.. 2 weeks of training offered

Furniture / Fixtures value:
$8,500 - included in the asking price
Inventory / Stock value:
$300,000