Multi-Functional Convenience Store For Sale
www.GlobalBX.com
Listing ID:
700286488
Listing Title:
Multi-Functional Convenience Store For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=286488
Industry:
Retail
Industry Segment:
Convenience Stores Retail
Country:
United States
State / Province:
Maryland
Area
City:
Baltimore County
Asking Price Range:
< $250K
Gross Revenues:
$400,000
Cash Flow:
$100,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
1 - 3
Business Description:
CONVENIENCE STORE EXTRAVAGANZA FOR SALE! This is multi-functional with several income streams. It is close to a major interstate and near John Hopkins University. It has established a strong customer base in the community northwest of Baltimore County. This Convenience Store is offering 3,500 spare feet of wholesale groceries, snacks, ice cream, cigarettes, deli, and a whole lot more IN ADDITION TO an attached lower level 4,000 square foot warehouse space, available to sublease out to a wholesaler with two available offices, or expand current operations of the convenience store. This business also rents U-Hauls and provides a cell phone repair business. This business will go with the convenience store, and seller will train and provide continued support. The convenience store business alone does $400,000 dollars per year in revenue and operates at a 35% to 40% gross profit margin. The store hours are 9 am to 9 pm and two full time employees are sufficient.
However, the seller said the store hours could easily be extended from 6 am to 12 pm to maximize income potential. This store is located in a strip mall on an extremely busy road. This is a very good investment for a buyer with a very quick payback period. This business is offering very good income with the ability to expand, grow, and further diversify. VERY LOW MULTIPLE FOR THE WISE INVESTOR.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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