This convenience store is located next to two schools and tailors primarily to students customers. They primarily sell snacks, candies, soda, energy drinks and coffee. This mini-market also has a complete water-filtering system and makes its own filtered water. They have three water taps inside and water vending machine outside. Water vending machine is accessible 24 hours a day. They have very expensive automated self-service coffee machine that makes great coffee for 50 cents. There are 3 busy times a day: mornings, when students go to school; after school, and after night classes. They are open 7 days from 7am to 7pm.
This store beats competition with the lowest prices for the same products: soda - 50 cents, ice cream sandwich - 70 cents, coffee - 50 cents, etc. The owner will teach you how to find bargain-priced merchandise and make good profit.
There is opportunity to expand the water business by offering delivery and signing service contracts with neighborhood businesses and households. The sale also includes a commercial electric oven that can be used for baking pastries and bread.
The store is operated by the owner and his wife, with no employees. The owner has health issues and wants to retire. Purchase price does not include $10,000 of inventory. It's a cash business. This business is a great opportunity for energetic person with desire to grow and expand.
Property/Lease
Rent:
$1,500
Expires:
mo-mo
Size (Sq. Ft.)
800
Financials
FF&E:
$25,000
Inventory:
$10,000 NOT INCLUDED IN PURCHASE PRICE
Monthly Sales:
$10,500
Monthly Cashflow:
$2,500
Annual Cashflow
$30,000
For more information, please contact Jacob Berenfeld at 888-521-4440.
