LISTING ID # 35883
A well-established convenience store with two decades of history is now available for sale. The store boasts a 1,000 square foot space and has been under new ownership since March 2023. The revenue and cash flow figures mentioned in the listing are annualized for your reference. The reason for selling this thriving business is the impending departure of the managing partner, who is relocating due to immigration status complications. The previous owner used to offer a variety of products, including hot sandwiches and other convenience items. Presently, the store partners with a catering company that supplies a range of options like wraps, salads, wedge sandwiches, and fruit cup packets. Additionally, customers can enjoy coffee and donuts from well-known national brands. Recently, the store expanded its offerings to include lottery tickets, keno, scratch tickets, and cigarettes. This business consistently turns a profit, as it effectively prices its products to yield high profit margins. All the equipment and fixtures are brand new, with each item being less than 5 months old. The equipment and inventory included in the sale comprise a substantial $15,000 sandwich display unit, a $12,000 large donut display cooler, three $4,000 large beverage coolers, a $4,000 under-counter cooler, and $10,000 worth of shelving and slat walls. The store operates solely on weekdays, making it easily manageable by a single owner-operator. Furthermore, the owner is willing to transfer the store, equipment, and inventory with no outstanding debts – everything is owned outright. The business already has a functional POS system in place. The at-cost of inventory is sold separately (approx 15k). Contact listing broker Brian Bernstein.
