Convenience Store
Location: United States -> Dist. of Columbia -> Washington
Industry: Food and Beverage > Grocery and Supermarkets
Businesses for sale Summary
A Convenience Store for sale in a Prime Washington D.C. location available at an attractive price for a fast track settlement. Relatively short hours. Good Lotto sales. 2007 Lotto commission was $44,000. A super buy at $175,000 plus Inventory ($10 – 15,000).
Asking Price $175,000.
Revenues $260,000.
Cash Flow $60,000.
Lease Monthly Rent $2,266, includes CAM Plus Trash Removal. Remaining Lease 14 Years.
Reason for Selling: Difficult for Owner to effectively run and manage two C-Stores plus several other businesses.
Entity ”C” Corp.
Number of Employees Owner.
Licenses Yes (Business, Lotto).
Parking Ample in common Parking Lot.
Hours Mon. – Fri. 8 a.m. – 8 p.m. Sat. & Sun. 9 a.m. – 7 p.m.
Building Size 1,200 Sq. Ft. Plus Basement for Storage.
Building Size Notes Basement available for storage plus other uses.
Utilities Approx. $800 Per Month. Phone $100 Per Month.
Equipment Fully equipped and recently renovated. Has 5 Coolers, ATM, etc.
Inventory Approx. $10, – 15,000 Not included in Price.
Selling Narrative A Convenience Store in a Prime Washington D.C. location available at an attractive price for a fast track settlement. Relatively short hours. Good Lotto sales. 2007 Lotto commission was $44,000. A super buy at $175,000 plus Inventory ($10 – 15,000). Bring in your best offer as this won’t last for long.
Financials
Asking Price Range: < $250K
Gross Revenues: $260,000
Cash Flow: $60,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Lease
