Business Summary:
Newly-renovated convenience/grocery store just off busy suburban highways in diverse residential neighborhood. Retiring owner states that a little attention and energy—and focus on customer demographics--would boost revenues substantially. Lotto alone pays the rent.
For more information, Call Tom or Rob @ First Choice Business Brokers 914-366-8190
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| Year
Business was Established: 2008 |
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| Number of Employees:
1PT |
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| Facilities / Terms of Lease:
Leased, 850 sq. ft. bright & clean storefront in strip mall along busy road feeding onto highways. Hair salon and laundromat in mall provide added draw. Lots of street parking along front of strip mall. Includes all refrigeration equipment, shelving and displays. |
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| Potential
Growth/Expansion:
Hours can be expanded (currently closes at 9PM daily and is closed on Sunday). Owner states that expanding ethnic grocery offerings, beer & soft drink selections, and adding coffee service would enhance business significantly. Owner also states that store has been approved for Western Union service and that this addition would greatly increase store traffic and revenue, as would compliance with government food stamp and “WIC” programs. |
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| Competition:
No other convenience store with beer license in close proximity, and no grocery stores tending to local ethnic populations. |
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| Owner
willing to finance:
Will consider all offers |
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| Owner
willing to train:
Yes |
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| Reason for selling:
Wants to retire |
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Seller Reference Number: 10229
BusinessMart.com Listing Number: 71856 |
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