Profitable Convenience Store with A+ location

Practically surrounded by the UofA, this convenience store is perfectly situated for continued growth and benefit to the owner. Having all the standard snacks, and a #10 for beer and wine, the owner as a good staff of 4 (1FT, 3PT) and rarely needs to be present. Price includes a substantial FFE to include two 20 foot containers, ATM, POS, coolers, kitchen. Includes substantial sub lease rent from take-away kitchen that is huge with students craving hot food, and sub lease monthly rent from van service that drops off and picks up in the ample parking lot. Over 3 years left on the lease. Price DOES NOT include inventory which varies substantially depending on season and calendar, but owner will work to lower inventory at closing if needed. Will consider financing with the right buyer and terms.

Please refer to listing ID: 19-3433

Industry:  Retail Stores
Industry Segment:  Convenience Stores
Geography:  United States > Arizona > Tucson
Asking Price:  $275,000
Gross Revenue:  $635,000
Cash Flow:  $150,000
Value of Inventory:  $50,000
Value of Equipment:  $50,000 (Included in Asking Price)
Year Established:  2004
Number of Employees:  4
Mgmt. Training/Support:  Negotiable to insure a smooth transition
Reason For Selling:  Other business interests
Facilities:  Fully stocked and serviced convenience store, e.g., walk in coolers for beer and food storage, plus a small to-go kitchen serving up hot food. Plenty of parking and covered patio for patrons. And a couple of 20-ft containers for supplies, one outfitted with air conditioning for use as small office.
Market Outlook/Competition:  Very little. "Around the corner" and short walk for most of the students and has just what they need: snacks, sodas, munchies, supplies, cold beer, wine, and hot food from a small to-go kitchen open late into the night.
Name:  Bill Swan
Email:  tbi@tucsonbusiness.com
Phone:  520-750-1764

 

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