Reduced - C-Store Business With Real Estate

Business Overview:

Price reduced - make an offer. When you buy this solidly-built structure, all furnishings, fixtures and equipment will be included - A $50,000 value! Inventory on hand at closing shall be provided at seller's cost (approx. $40k, seller will finance $20k). Newly renovated and fully stocked convenience store in Economic Opportunity Zone - which allows you to avoid capital gains tax when you sell both the building and business for a hefty tax-free profit in a few years. Across the street from the Carter Lake Sports Complex, which is now implementing over $45m in improvements. Re-gentrification currently underway, property values skyrocketing; great tax rewards as this property will gain value! Strategically located in area that is targeted with funding for economic development. Incoming developments include residential and retail, sports complexes, and new zoning opportunities. Real estate has been renovated and remodeled: Major plumbing work was completed for the addition of the fountain stations; Additional electrical work was done for Exit signs and to bring everything up to code; The building is 25x68' with ground floor 1,686 SF plus partially finished basement area of 916 SF for total area of 2,602 SF under roof. Comparable sales average more than $350/SF, asking $134/SF. New AC unit and Furnace both of which were installed in 2022; New windows and a commercial door were installed for the storefront, and a new water heater was installed in 2023. Buy the business and real estate while prices for both are low, and reduce capital gains taxes because of the Economic Opportunity Zone when you sell both business and real estate for more later.

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Property Features and Assets:

Real Estate Asking Price: $350,000.00


Monthly Rent: $1,200.00

Square Units (Foot, Meter): 2,602

Terms Options: Must buy real estate

Market Competition and Expansion:

Competition: In the competitive landscape of Omaha, NE, this business Convenience Mart distinguishes itself through various strengths. The nearest competing convenience store is about one mile away. This store is the best one near Carter Lake. Positioned strategically in a high-traffic area, this business enjoys a competitive edge by being easily accessible to residents and passersby, increasing visibility and foot traffic. The emphasis on excellent customer service and a welcoming atmosphere distinguishes this business from competitors. Knowledgeable and friendly staff contribute to a positive shopping experience, fostering customer loyalty. The business has shown adaptability to changing market trends and consumer preferences. The ability to introduce new products and services in response to evolving demands keeps the store relevant and competitive. The business demonstrates Quality Assurance, ensuring the quality of products, and consistently delivers on customer expectations for a solid, positive reputation. This commitment to quality differentiates the store from competitors, with a focus on customer satisfaction.

Expansion: The business has significant potential for growth on various fronts. Traffic will continue to improve as more than $360m has already been earmarked for development less than one block away from the location, including condominiums and a new sports complex. Additional grants are also available for development in the area. A new owner may also introduce new and diverse product lines to add larger ticket items and attract a broader customer base. Consider incorporating organic or specialty items, health-focused snacks, or unique local products to cater to evolving consumer preferences. Offering additional services such as online ordering with delivery or curbside pickup can tap into the growing demand for convenience. Implementing loyalty programs and exclusive discounts can also foster customer retention. Strengthening ties with the local community through partnerships, sponsorships, or hosting events can increase brand visibility. Engaging with community initiatives can further embed this business as a vital part of Omaha. Periodically reassessing and optimizing the store layout can improve efficiency and enhance the shopping experience. Consider customer feedback and industry trends to create a more inviting and user-friendly space. Implementing targeted and creative marketing strategies, both online and offline, can boost brand awareness. Utilize social media, local advertising, and loyalty programs to attract new customers and retain existing ones. Actively seek and incorporate customer feedback to understand their needs better. this can guide strategic decisions, product offerings, and service improvements, ensuring continuous alignment with consumer expectations.

Reason for Selling:

Built to sell

Additional Details:

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