Listing Number: 76551-174633
This is a turnkey business opportunity that allows a new owner to make money the moment they open the doors.
Overwhelmingly Busy, established convenience store fully equipped with every feature, fixture and perfectly functioning equipment necessary for success located on a high traffic street in south Baltimore, adjacent to one of the largest senior citizen assisted living home facilities in the state.
The seniors that live across the street are loyal customers that depend on the store for all their groceries and immediate needs. Every need is fulfilled in one place offering everything from Covid19 masks to hot tea and coffee to cups of ice, pizza, sandwiches, paper towels, cleaning supplies, breakfast, lunch, tobacco, EBT, WESTERN UNION BY Vigo, state of the art POS system, literally a One Stop Shop for everything one can fathom all under one roof and at a minimum of 4 miles away from the closest WALMART or Target and as far as other local convenience stores, there are no competitors within close or safe walking distance of this location.
Gross Annual Sales: $276,000
Daily AVG $7OO to $900
Owner pockets $8,000 monthly all easily proven via POS records and written daily records
The Business owns and manages its own ATM machine.
The Business provides Western Union and MD State lottery Services and BGE etc. Bill Pay
The Business is fully equipped with a sandwich bar and a pizza kitchen with oven.
The state-of-the-art point of sale machine allows you to receive EBT and all credit cards.
Daily revenue for Groceries alone ranges from $550 to $750.
Lotto Sales : $3,500 to $4,000 monthly
Western Union Sales: $19,000 Monthly
ATM: $600 profit monthly
Rent :only $1,500
If you Don’t accept our numbers the owner is open to full shadow days upon making an offer during due diligence to confirm everything for yourself.
The only reason the current owner is selling is due to a family emergency. This is a rare and complete opportunity.
Please keep in mind this is all accomplished with shortened store hours. The facility across the street contact the owners to confirm if they are open as the residents totally depend on this Convenience store for a lot if not all of their daily needs. Also, you can increase the store hours. We are currently only open from 10am to 7pm Mon to Thu, on Friday we close around 5 pm and we are closed on Saturday. Opening on Saturday alone dramatically increases your bottom line.
All inventory included with purchase! The asking price is VERY low compared to other similar C-stores in the area due to the fact the owner has to sell fast due to a family emergency. Please contact me asap as I don't expect this listing to last long.
- Price: $ 65,000
- Down Payment: $60,000
- Sellers Discretionary Earnings: $ 5,000
- Total Sales: $ 276,000
- Location: Maryland
- Inventory: $ 17,000
- FF&E: $ 12,000
- Reason for Selling: Family emergency
- Category: Convenience Stores