Popular Suburban Convenience Store
Erie County, NY
| Asking Price: | $300,000 |
| Gross Revenue: | $687,000 |
| FF&E: | $60,000 |
| Cash Flow: | $85,000 |
| Rent: | $3,000/Month |
Listing ID: 2301085Listing provided by BizBuySell
BUSINESS DESCRIPTION
Owner is retiring after over 24 years ownership in this well established, profitable, and busy store. Loyal customer base and robust inventory. As the owner neared retirement he got comfortable with the status quo. This busy store has missed opportunity in their deli and baked goods sections. Turn key or kick it up a notch for additional revenue. Partially absentee. Owner pays himself a salary of $46,000/yr. Call Business Broker, Shannon McNichol, for a buyer interview, NDA, and detailed revenue conversation. 716-480-8117
DETAILED INFORMATION
Location
Erie County, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Established since 1971 in a small strip plaza.
Competition
No near by opportunity for new competitors to establish themselves.
Growth & Expansion
Effort in the deli and baked goods section would increase revenue. Stronger PR would be beneficial.
Financing
Owner financing is not preferred but open to negotiate.
Support & Training
Owner training terms are negotiable. Business Broker will assist in transition and small business coaching.
Reason for Selling
Retirement.
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