Convenience Store For Sale
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1971
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is retiring.
Description Busy convenience store in the intersection of two major busy streets of Houston.
Owner is completely absentee, he has owned the store for the past fifteen years and wants to retire. He only goes there once a month to collect his money.
Monthly sales are anywhere from $30,000 to $35,000. There are no food stamps, No lotto, No Check cashing and no game machines, which you can add for more revenue.
Rent is $2,300 a month and there is 5 more years left of the lease, owner is willing to extend.
Owner takes home about $3,500 a month with the general manager there is on salary at $3,000 a month.
Asking price is $75,000 plus inventory.
Email or call at 832 646 8191 for more information on this convenience store for sale.
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