*Price Reduction* - Convenience Store for Sell with Land and Building

Gulfport, MS

Seller Financing Available

Inside the Store
Asking Price:$999,999
Gross Revenue:$1,148,354
FF&E:$150,000
Established Year:2021
Cash Flow:$225,000
Inventory:$75,000
Real Estate:$600,000
BUSINESS DESCRIPTION

Convenience Store with focus on Spanish Grocery is for sell with Land and Building in Gulfport, Mississippi.

Store is known for selling maximum Corona and Modelo Beer in town as per beer vendors!

Well established store that has consistently increased revenues and profits last 3 years - year over year. This business generates on an average $20,000 every month as net cash flow.

Serves prominently Spanish neighborhood and also surrounding high traffic area plus to over 3,000 cars passing on the front road every day.

This turn-key business is available along with 3rd of an acre land and building structure for $999,999 (excluding Inventory($75k) and FF&E($100k)).

The store has undergone multiple refurbishments and was recently remodeled.
This well-maintained store has stood the test of time and presents an excellent opportunity for experienced managers, owner-operators, or individuals seeking a profitable business with a minimal cash investment.

The store features lot of usable land around that can be invested into generating new revenue sources like quick serving food kitchen, food trucks, laundromat and includes approximately $100,000 worth of furniture, fixtures, and equipment as part of the sale.

Please note that the total acquisition cost will vary based on inventory levels, which naturally fluctuate during regular business operations.

List of Equipment comes with Sale -
Walk in beer cooler -12 doors
3 door freezer -1
2 door cooler -2
One door cooler -2
One door small cooler -1
Display cabinet (for Bread)-2
Display cabinet big -1
Atm machine-1
Hot food warmer -1
Benmary food wormer -1
One door sandwich prep table -1
Double pizza oven -1
Microwave -1
Ice machine-1
Stainless steel table 4fit -1
Stainless steel table 2fit -1
Ice-cream freezer -1
Total beer cooler door -12
Clover POS -2
Storage rack -3
Boba machin -1
Popcorn machine -1

List of Equipment owned by Vendors -
Small cooler -4
Pepsi 2 door coole r-1
Coke 2 door cooler -1
Fountain machine with ice makers -1
Coke small cooler -2
Coffee make r-1
Cappuccino machine -1
Icecream freezer-1
Beer chiller -2
Beer display -1
Propane box -1
Wast dumpster -1
Air Vacuum machine -1
Bit coins machine -1


DETAILED INFORMATION
Location
Gulfport, MS
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,422
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
List of Equipment included with sale and provided by vendors is given above in business description.
Competition
No direct competition due to unique location. This is the only Spanish Grocery Store that is conveniently located and walkable from the neighborhood. Other stores exist in the area but those serve primarily to Freeway and other major throughways.
Growth & Expansion
The store features lot of usable land around that can be invested into generating new revenue sources like quick serving food kitchen, food trucks, laundromat and includes approximately $70,000 worth of furniture, fixtures, and equipment as part of the sale.
Financing
6 month seller financing available for 50% downpayment at full asking price.
Support & Training
1 week in-person and 2 weeks on phone Buyer can use existing licenses and permits up to 2 weeks
Reason for Selling
Moving out of State
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Sid Patil
Sid Patil