South Houston Profitable Convenience Store And Food Market For Sale

Business description

Price reduced for quick sale! This convenience store/food market is located in Pasadena, facing a major intersection with high visibility. Large customer base from over 3,000 surrounding apartments. Store offers groceries, a fresh vegetable section, an extensive meat section and a fresh seafood area. A deli serves up sandwiches, Tex-Mex hot meals and delicious pizza. Other revenue streams come from Lottery ticket sales, an ATM machine, Money Order sales, Money Transfer service, Phone Card sales, Food Stamps and game machines. Fully equipped kitchen. Asking price includes $35K of inventory. Previous sales averaged $90K per month. Current owner is semi-absentee and sales have dropped to $52K per month. Needs full time owner/operator to build revenues back up. Growth potential from addition of check cashing and bill payment services. Profitable business! Excellent location! Do not pass up this great opportunity.

Seller's Discretionary Earnings: $62,720 Proforma

Property information

Real Estate:

Lease

Location:

4800SF facility in shopping center

Business Operation

Expansion potential:

Full time owner/operator; add check cashing, bill payments; about to be done with road construction in approx. 2 months

Reasons for selling:

Health reasons - need to pay medical bills.

Trading hours:

7 days, 7AM - 9PM

Employees:

6Ft; 1 Owner

Years established:

2002

Other information

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$35,000 (included in the asking price)

Related documents:

• 
• Business Profile