Established Convenience Store / Supermarket in Mt. Vernon Baltimore

Baltimore, MD
Asking Price:$68,000
Gross Revenue:$167,000
Rent:$1,273/Month
Cash Flow:$47,000
Inventory:$8,000
Established Year:2005
BUSINESS DESCRIPTION

Located in 17 story apartment

Established business (20+ yrs) in the charming, historic district of Mt. Vernon neighborhood with great visibility near Walters Art Museum and Johns Hopkins Peabody Institute. Safe part of the city. Owners have never had any crime incidents. Great opportunity to purchase a business with steady cash flow with upside potential.

~1000 square feet grocery store in a 17 story senior living apartment building with regular customers from in and outside of building. Store was recently renovated in 2018 with new appliances.

Store Offerings:
-Convenience / grocery products: food, snacks, beverages, frozen food, produce, dairy, bread
-Household items: cleaning products, over-the-counter medicine
-Dry cleaning services (off-site)

Substantial Growth Opportunities:
- Lottery
- Tobacco

Building:
- Dual entrance for customer entry from interior and exterior of building
- Garage parking for employee/owner
-$1273/month rent includes utilities

Hours of operation: Mon - Sat 9AM - 6PM
Cash offer only
Call or text Joe at 443-529-9975 for more information


DETAILED INFORMATION
Location
Baltimore, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Financing
Cash offer only
Reason for Selling
Retirement
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Joseph Chung
Joseph Chung