Convenience Store
Location California,United States
Asking Price Range < $250K
Gross Revenues $146000
Net Profit / Cash Flow $17000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1989
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will provide training for 2 weeks at 20 hours / week.
Reason for Sale Family reasons.
Description This convenience store for sale has a beer & wine license and also sells soft drinks, cigarettes and groceries. It is priced to move, as it needs a new owner to restore it to its glory days. The owner has not been paying much attention recently and, coinciding with the downturn in economy, this has made the sales drop from $1,200 per day to about $400 day. The store has a working ATM machine and non-working icemaker and fountain drink machines. The new owner can add lotto, check cashing, and accept food stamps to improve the bottom line. The rent is extremely low at $1,500 per month with CAM and the store has plenty of parking. The strip center is very clean and attractive and it is located on a busy street. For more information, please email or call James Jun at (310) 539-8300.
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