Listing ID: 68446

Business Overview

Convenience Store for sale

Has license for: Cigarettes, Lotto, Beer, EBT

No Grill or Hood but easy to convert.

Owner is semi-absentee has family members working it. Maybe goes in 3-4 days a week make sure all ok. He does have a full time job. 

Reason for selling- Moving out of state

Seller very motivated!!!!

Total Sales $424,184 ( est. $130k cash, $294,184 recorded)

Cogs $114,000

Rent $81,600 10 year lease 8 1/2 left

Employee payroll $96,000 ( paid cash)

con ed $18,000

Trash $1728 

net approx $112,856 

1.7x multiple

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $115,000
  • Cash Flow: $112,856
  • Gross Revenue: $424,184
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Relocating