Asking Price: $99,995
Inventory: $30,000*
Sales Revenue: $507,146
Cash Flow: $110,586
*not included in asking price
Business Description
Neighborhood convenience store for sale in a rapidly gentrifying area. This store is surrounded by numerous residential homes, schools, baseball complexes, etc. The store does quite well, considering its footprint; just under 2,000 square feet.
Sales have continued to increase year over year, especially for 2021. The 2021 pro-forma is projecting a 26% increase from 2020 numbers. Year to date (January to mid August), sales revenue is up 39% over last year.
The store recently added a beer license about 8 months ago and has not actively promoted it. Lottery is in place, but the store could use a bigger injection of inventory to help increase sales.
This would be a great starter store for someone who is looking to enter into the convenience store industry. This store offers untapped potential and can do well with a new owner. Take advantage of this amazing opportunity and put your own touch on the store.
Owner is moving out of state and needs to sell fairly quickly. All reasonable offers will be considered.
Detailed Information
Location: Thornton, Colorado
Real Estate: Leased
Rent: $2581 Per Month
Building SF: 1,700 Sq Ft.
Employees: Owner Operated
Financing: Cash
Support & Training: As needed for a smooth transition
Reason for Selling: Moving out of state
For more information, please click on ‘Sign NDA & Get Buyers Prospectus’ above. Once the NDA is signed and completed, you will receive confidential information related towards this business.
MJ Nuanes | Managing Broker, Principal
MJ brings a vast amount of knowledge into the small business sector of business brokerage. MJ grew up and was baptized in small business. He was a key asset while operating his family’s retail liquor stores, bars, and restaurants. MJ is a sixth generation Coloradan and a fourth generation small business owner.
