$120,000 NET #10 Convenience Store In the Heart of Scottsdale!
Asking Price: | $300,000 |
Gross Revenue: | $700,000 |
Rent: | $3,700 |
Cash Flow: | $120,000 |
Inventory: | $100,000 |
FF&E: | $65,000 |
Here is the store that boasts a large area and a great location in a very busy part of Scottsdale that has non-stop traffic and tons of room for anything you want to do. The store used to do revenue from gold sales or check cashing many years ago and was remodeled and taken over a few years ago but due to some personal issues the seller has to sell. The store is 2800 sq.ft. with a rent of only $3700 with 5 years left and a 5 year option in Scottsdale. The store produces over $700,000 in gross sales a year and around $120,000 in NET profit in the owner's pocket after all expenses. This store has tons of potential especially with the size of the space and the location. The store boasts $100,000 worth of inventory at cost included in the price. The store also has a wrap around walk-in cooled and tons of showcases for smoke shop products and an unbeaten location. Hurry up this store will go quick especially for this price in Scottsdale. These deals are very rare.