Downtown Convenience Store For Sale
Location Idaho,United States
Asking Price Range < $250K
Gross Revenues $14500
Net Profit / Cash Flow $1700
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 1 - 3
Inventory 7300
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Two weeks training.
Reason for Sale Selling due to hardship of commuting.
Description $10k: One year old convenience store central to residents, employees, and visitors of downtown Boise. Lease on current location month to month. New owner would be required to start new lease, or would also benefit from acquiring a new store front within 2 blocks of current location. Only convenience store within four blocks to the north and south, and eight blocks to the east and west solidifies prime location. Events such as Alive after Five and 8th Street Market increase visitors to the area, as well as close location to hotels and bars offers diversified customer base.
Business is self-sufficient, but would benefit greatly from investments towards alcohol, lottery, food stamps, souvenirs, and downtown Boise gift cards program to increase income. Current means of advertising include street signage, word of mouth, Yellow Pages directory and advertising, Facebook, and listings within the Downtown Map & Directory. Owners are willing to train new owner(s) for two weeks and are selling due to hardship of commuting.
Total price $10k -- negotiable -- serious inquiries only - Contact Chris or Mary at (208)342-6193
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