Businesses For Sale > Business For Sale in Phoenix, Arizona (AZ)
$96,000 NET #10 Beer and Wine Convenience Store in a Busy Center for sale in Phoenix, AZ
Phoenix, Arizona (AZ)
Asking Price: |
Gross: |
Cash Flow: |
$ 250,000 |
$ 840,000 |
$ 96,000 |
Furniture and Fixtures Value:
$ 35,000 (included in the asking price)
Inventory Value:
$ 35,000 (included in the asking price)
Business Summary:
This well established convenience store has a lot of foot traffic and has a very solid customer base. The sale is due to the seller wanting to retire after owning the store for 20 years. This store has a great lease rate at $2600 per month with all NNN expenses included as well as water for 1975 sq.ft,. The expenses are low and the owner and a part time employee run the store currently. The store does very high margins and the has tons of potential to make even more money with a dedicated owner. The store also does around $40,000 in lottery sales a month at 6.5% margin and the rest of the store does about $40,000 a month in sales as well. The seller is also offering amazing seller financing terms at $150,000 down and $100,000 for 3 years at 8.5% with $35,000 worth of inventory included in the price. At the price and net and terms this will go quick.
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Number of Employees:
1PT |
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Facilities / Terms of Lease:
1975 sq.ft. storefront in the middle of a busy strip center with corporate tenants surrounding the plaza. |
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Potential
Growth/Expansion:
Tons of room for growth with more inventory and maybe some smoke shop items. |
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Competition:
Not much in the area |
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Owner
willing to finance:
$150,000 down and $100,000 for 3 years at 8.5% |
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Owner
willing to train:
2 Weeks after Sale |
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Reason for selling:
Retiring |
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Seller Reference Number: bm1963906944
BusinessMart.com Listing Number: 289520 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Mike Darmo
American Realty Brokers
623-236-0836
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