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- RE: Convenience Store Strong Lottery Sales 'Pending'
- Contact: Justin Grolley
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $230,053 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $61,071 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 979687 | |
Broker Reference #: | 19938 |
Business Overview:
This well-established convenience store is in a prime location that draws a steady flow of foot traffic. The store generates strong lottery sales being one of the top 3 lottery selling agents in the town, providing a reliable revenue stream. The business was established over 30 years ago. The store was completely rebuilt in 2018 including brand new fixtures and equipment such as 8-door walk in cooler, shelving and cash wrap with glass displays.
Currently managed semi-absentee, the business offers growth potential for a hands-on owner to enhance the operation and further increase revenues. This is a great opportunity to tap into an existing customer base while exploring new growth avenues.
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Property Features and Assets:
The store occupies a space of approximately 1,100 - 1,200 Square Feet featuring a well-organized retail space with a variety of items including snacks, beverages, groceries, personal care products, and other convenience items.
The checkout area is fully equipped with a point-of-sale system, scratch-off ticket displays, tobacco products, and displays for impulse purchase. An ATM is available on-site for customer convenience, and the store is outfitted with an 8-door walk-in cooler and freezer for cold drinks, dairy products, and ice cream.
There is also a backroom storage area for inventory and supplies, which aids in keeping shelves stocked and organized.
Market Competition and Expansion:
Increase marketing efforts to attract more customers.
Expand inventory to include specialty items, pre-packaged foods/meals, gourmet coffee, specialty beverages, or local products.
Add additional services such as bill payment, money transfers, or package pick-up/drop off to generate additional revenue streams.
Reason for Selling:
Other interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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