Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Discount Party Store Franchise Opportunity

Ace Hardware Franchise Opportunity

Learning Express Toys Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Convenience & Beer Store For Sale
Location: United States -> Pennsylvania -> Philadelphia County
Industry: Retail > Convenience Stores Retail




Business Summary

Convenience store (with beer sales) for sale. This spot is in a great location. It is found in a heavy residential area with limited competition. Recently updated, this store is very clean, and busy all day and night. This is a turn-key operation- step in and make money. There is fantastic foot traffic, and seven parking spaces. This is an easy operation, that makes a 35% gross profit on store sales, with a particularly high margin on craft beers. This is the #2 lottery store in Philadelphia. Lottery sales are 45k/week, generating 120k commission last year. Keno was added this year. Add wine license, cigars and vape equipment and generate even more income. Store does small deli business- hot food should be added. Many opportunities here to increase business. Lease has 12 years and a 5-year extension, with no rent increase for 17 years. All numbers are computerized and verifiable. The seller can print reports in minutes to show the sales and profit.

A qualified buyer will be allowed, as an employee. to observe and work the business for 30 days, as part of due diligence. Serious buyers only. Seller will finance the inventory (of about 100k) for 3 years. Perfect for an established convenience store organization that can raise, or has, the cash. This is not a franchise location. Seller has other business interests, and desires more family time. They currently work 50 hours, weekly.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,500,000
Cash Flow:   $498,036
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1998
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Seller wants more time for family.

Photos

View Larger Photo(s) Of Business
Convenience & Beer Store For Sale Photo 1 Convenience & Beer Store For Sale Photo 2 Convenience & Beer Store For Sale Photo 3




Print Listing Id: 700313811
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Catalog and Mail Order Retail  >  Clothing and Footwear Retail  >  Computers and Electronic Equipment Retail  >  Convenience Stores Retail  >  Florist Retail  >  Health and Beauty Supplies Retail  >  Home and Garden Retail  >  Movie Rental  >  Wedding and Formal Rental  >  Other Retail  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700313811
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.