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Profitable, Turn-Key Neighborhood Store for sale in Durham, NC

Durham, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 98,000 $ 540,000 $ 76,000

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
$ 35,000 (not included in the asking price)

Business Summary:
This store clean, well-run and set up perfectly for a buyer to make money from day one.

The owner has been here for 5 years in the store and has created a loyal customer base that faithfully visits the store. The store itself is situated on a corner in a large neighborhood and is the most convenient location for the residents. It's not very big, but what it lacks in size, it makes up for in efficient use of space and proper stocking of merchandise. The smaller footprint also makes it very easy to manage as an owner-operator.

The store includes a small grill that can be operated or leased on to a tenant that will drive more traffic inside. Retail sales average $45,000/day, Lottery commission of $800/month, and ATM fees of $2,50/month. Rent is $2,000/month. An owner-operator working about 35 hours/week should have a net discretionary income of approximately $76,000/year.

 

   
Year Business was Established: 2015
   
Number of Employees: 2  
   
Owner willing to train: yes  
   
Seller Reference Number: CS98095
BusinessMart.com Listing Number: 254025
 

 

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For more info contact:

County South Business Brokers

Winkie Associates Realty Inc
919-777-6878

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