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Convenience Store For Sale

Howard County, Maryland
Asking Price:
$110,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$408,672 (USD)
Cash Flow:
$41,529 (USD)

Great opportunity to own a high traffic, manageable and superbly situated convenience store. The right owner can realize upside in this opportunity. Motivated Seller.

Property information

Real Estate:

Lease

Location:

Smaller 500+ sq ft space inside a mall at the main entrance to a large eatery.

Business Operation

Expansion Potential:

This convenience store has tremendous growth opportunity through strategic marketing and focused/strategic product assortment. When the owner was more involved the store tracked over $450,000 in sales.

Competition / Market:

Minimal competition in the mall. Fast food restaurants in the food court offer drinks but are high-priced. Upside for this convenience store to increase sales by offering drinks and product not offered by existing mall vendors. For example, the store could offer a larger variety of sports and energy drinks.

Reasons for selling:

The owner wants to retire.

Trading hours:

Mon-Sat 10am-9:30pm; Sun 11am-6pm

Employees:
1 FT/ 2 PT
Years established:
16

Other Information

Support & training:

Will train for 4 weeks @ no cost.
Customers include mall foot traffic and mall employees. Typical product:
Drinks (highest volume)
Lottery
Cigarettes
Snacks
Medicines (OTC)
Newspapers

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$15,000 (USD) - included in the asking price

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