Convenience Store Near NE Houston Area For Sale

Business description

C-store has been established about 40 years and has operated under the same owner for more than 21 years. Business is located on the corner of a busy intersection. Besides selling groceries, beer and wine, the business provides the lottery service, an ATM, and accepts Food Stamps. The ice maker machine and the air conditioner are approximately 1 to 2 years old. All equipment and $30,000 of inventory are included in the asking price. Fully equipped kitchen is ready for new owner to start a fast food/deli operation. Add game machines, money orders, and check cashing services for growth. Camera, alarm and security systems are in place. This business was producing a much higher volume before seller became burned out and stopped focusing on the business. A high energy buyer is needed to bring the revenue up. High profit margin!!!Good location!!! Seller owns the property.

Seller's Discretionary Earnings: $70,140 Proforma

Property information

Real Estate:

Lease

Location:

2500SF facility in shopping center

Other information

Expansion potential:

Open deli (fully equipped kitchen is ready). Add some game machines. Add check cashing.

Reasons for selling:

Retirement

Trading hours:

7 days 8AM - 9PM

Furniture / Fixtures value:

$46,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)

Related documents:

• 
• Business Profile