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Convenience Store For Sale

7/wk
Hillsborough County, New Hampshire, United States
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Asking Price$109,900
Revenue$500,000 EstablishedUndisclosed
Cash Flow$100,000 Employees2 full, 1 part
FF&E$30,000 FranchiseNo
Inventory$30,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Price reduced for cash payment by $10,000! Make back your investment in a year! Seller is willing to finance inventory. Will do seller financing with $75,000 down but purchase would be $119,900. Revenue and cash flow has steadily been increasing over the past year, since this owner took over the store. The seller has made numerous physical improvements, and has been paying more attention to customer service. Notice how this store has low rent and an unusually long-term lease. This profitable neighborhood convenience store is located on a busy street, near the police station. Several months ago, the seller added the capability to accept EBT. This is the largest convenience store in area, selling a wide range of products. They carry a large selection of cigarettes, tobacco, beer, soda, wine, ice cream and groceries. The seller upgraded the electrical outlets to support new refrigeration equipment, and added new refrigerators, ATM, bathroom and stairs going to basement (with a very large storage area). The seller also added coffee and popcorn machines! There is also new lighting, Clover Station and Clover Mini Register, which can scan and track inventory, which is all cloud-based. You will also have remote access for tracking inventory and sales. Seller added new security and camera system, so they can watch all areas of store, as they do not manage the store day-to-day. Lottery sales have increased from $250 to $300 per day, and the seller is working on adding another machine. The store is located next door to a local fast food business, with adjoining doors that allow customers to walk between the stores. Parking is available on street, as well as in the fast food parking lot. Hours are from 7AM to 11:30PM, every day. This business is constantly increasing product offerings. A new owner should move excess inventory to basement and increase product offerings. Owner does not manage the store, daily. There are lots of opportunities to increase profits at a great price. Seller is moving and must sell now. Make a reasonable offer today! Please contact the broker at 1-877-735-5224 for more information.
Training/Support:The seller will train the new owner.
Seller Financing:109,900.00 Down
Sale Reason:Moving out of area
Ad #94059
Seller Reference #29641
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Contact This Seller
Robert Accetta
1-877-735-5224
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