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Food Mart For Sale

Baltimore City, Maryland, United States
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Asking Price$99,900
Revenue$360,000 EstablishedUndisclosed
Cash Flow$97,260 EmployeesUndisclosed
FF&E$25,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LOCATION, LOCATION, LOCATION! AND PROFIT! That is what this convenience store is offering for the buyer that acts first. This store has the visibility of three main thoroughfares, all which have traffic at all hours of the day. The community has been loyal to this store for many years. When someone thinks of milk, bread, soda, candy, soups, detergent, and all other groceries that are needed quickly, they think of this neighborhood convenience store. It also offers Western Union, Money Orders, Money Transfer, Bill Pay, and phone repairs. The sellers have just investedthousands of dollars in renovations, such as inside and outdoor lighting, wood floors, etc. to keep it looking fresh and clean for its patrons. Even though it does not sell beer, it has lottery coming to its location. The financials figures are hard to turn down, with average monthly sales of $30,000.00, a gross profit margin of 35%, and extremely low overhead-giving the sellers a 76% net income to gross profit margin. The two brothers currently work the store from 8 am to midnight,seven days a week. They do not advertise, promote, or offer delivery services- all that can be added to enhance the value of the new owner. The sales price multiple is currently less than a year for a quick sale. This convenience store is perfect for the buyer who wants to make sure they are buying a profitable store, so they do not lose out on the money they usedto purchase the business. If a buyer is looking for a good lifestyle business to invest in, then this store is it. Call today and do not delay because a smart buyer is going to buy it first. 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$99,900.00 Down and
Sale Reason:Other business Interest.
Ad #97157
Seller Reference #28285
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