Details

Have you been looking for a convenience retail store business in a downtown neighborhood location? This 1,025 sqft storefront is situated on a busy corner lot and comes with an attractive vintage brick and glass facade. It is currently operating as a convenience store but could easily be converted to another type of retail use. The storefront rent is $900 per month and includes electric.

Established a year ago by an owner who has other business interests, this store generated $20,000 in sales due to inconsistent hours of operation and periodic management by the owner and one part-time employee. This turnkey business is being sold for all of its assets including approximately $15k in equipment, coolers, retail shelving and fit-up costs. In addition, an estimated $15,000k in inventory,
household supplies, candy, batteries, and groceries are included. Owner will provide buyer financing and short term training with a large down payment.
This business has only been in existence for one year and the space
formerly had a different retail use.
There are other competitors in the area but the corner lot location of this store provides an advantage over many of them.
This business offers the buyer many options for revenue expansion and growth. Although there is no tobacco license available for this store, the seller suggests adding a lottery license (which has been applied for), a perishable food license, hair care products and Western Union services to bolster revenue. In addition, setting consistent store hours would greatly increase foot traffic and profitability.
A mixed-use commercial building in downtown area with several retail storefronts on the ground level and residential units above. The storefront features a glass and brick fa├žade.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.