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Asking Price$110,000
Revenue$243,246 Established1996
Cash FlowUndisclosed Employees1 full, 1 part
FF&E$7,000* FranchiseNo
Inventory$25,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High traffic area with very low lease. Perfect for a convenient store business which is why this particular mini mart business has been successfully operating at this location for over 20 years. Store is well lit, clean, 1500 sq ft, lots of refrigeration display cases and totally turnkey. Already established and well known as the neighborhood grocery store as many of the customers are on a first name basis with the owner. Sells beer, wine, lottery tickets, cigarettes and tobacco products as the mainstays. But also offers other snack, drink and misc items. Lots of potential to increase variety of goods sold here thus increasing the profits made. This store has a lot of counter space and has the hookups in place to serve hot food and drink. Lots of customers come in looking for hot food so there is cash ready to be spent, sales and profits ready to be made if new owner took advantage of the set up and served some basic mini mart hot food items. Food that is in demand is hotdogs, pizza slices, burritos, coffee and of course sandwiches etc.. Another way to increase sales is to offer fountain drinks or soft serve type treats. This is not a franchise so new owner has the ability to create a niche market to tailor fit the neighborhood’s needs and tastes. No franchise rules, restrictions or royalties to have to deal with. A creative minded entrepreneur or an experienced grocery store person or a husband and wife team could do very well at this location. This is a very highly congested area with literally traffic going by your front door 24 hours a day seven days a week. Has the great visibility and signage thing going on strong from the street. Lots and lots of businesses, condos, apartments and just lots of people to cater to on this high traffic corner. Easy in and out parking. Good cash type business. Seller motivated to make a win, win deal for the right buyer even to the point of offering a very special deal on the inventory to help the new owner get off to a quick start in the profits.
Facilities:Lease is only $2,500 per month. Is assignable and has a lot of time left plus landlord willing to renew the lease as well. Lots of refrigerated display cases for showing off your goods. Well lit, maintained, and clean. Has the hook ups in place to serve hot food and has a customer base that is asking for it. Has extra lots of counter space so much that it is very good for offering sandwiches and other deli type foods. Easy in and out parking. Great signage and visibility.
Competition:Very high traffic location, so the traffic and people to cater to are just outside your front door 24/7. New leadership needs to do more than just put on the open sign. There is a big demand for more food choices and this mini mart has the room and hook ups to offer hot food choices. Another idea is to create a niche type deli or market and cater specifically to the neighborhoods needs and tastes. This is not a franchise so that is very doable. The variety of products offered could be increased. To sum it up there is a lot more that can be done than just putting the open sign on.
Growth Potential:With a great location and a low lease the profit potential is Very high. High traffic location, so the traffic and people to cater to are just outside your front door 24/7. New leadership needs to do more than just put on the open sign. There is a big demand for more food choices and this mini mart has the room and hook ups to offer hot food choices. Another idea is to create a niche type deli or market and cater specifically to the neighborhoods needs and tastes. This is not a franchise so that is very doable. The variety of products offered could be increased. To sum it up there is a lot more that can be done than just putting the open sign on.
Training/Support:2 weeks offered but more is negotiable
Seller Financing:90% down seller financing is case by case basis, good deal on inventory included
Sale Reason:Seller wants to retire
Ad #78847
Seller Reference #dsddmrt
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Contact This Seller
Coldwell Banker Bain
425-890-9208
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