Business Overview

$385,000 plus, Inventory for Ohio, Cleveland Parma Heights Convenience Food Mart Business Only.   $100,000 average merchandise sales per month with high margins.  Large C Store.  Adding food operation would increase sales.  Short hours.  Located on a busy road in a heavily populated residential and commercial area.  Great EBT sales.  C1 C2 D6 Beer and wine sales.  Adding Lottery, ATM and Bitcoin would be a great plus.  Seller to assist with financing.   Seller motivated and willing to make the right deal with the right owner operator.  Great opportunity for the right hands on owner operator or a family.  Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at http://www.salehgroup.com.

Financial

  • Asking Price: $385,000
  • Cash Flow: $275,000
  • Gross Revenue: $1,200,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $40,000
  • Inventory Included: N/A
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,400
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

4,400 sq. ft. stand-alone building

Is Support & Training Included:

2 weeks at no cost to buyer

Purpose For Selling:

Seller Downsizing and relocating

Additional Info

The company was started in 2010, making the business 12 years old.
The deal shall not include inventory valued at $40,000*, which ins't included in the listing price.

The company has 2F 2PT 1M employees and is located in a building with approx. square footage of 4,400 sq ft.
The real estate is leased by the company for $5,700 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell companies. Nonetheless, the genuine reason vs the one they tell you may be 2 completely different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competition, current decrease in earnings, or a range of various other factors. This is why it is extremely vital that you not rely absolutely on a vendor's word, but instead, use the seller's response along with your general due diligence. This will paint an extra sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover points like supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that earnings margins are too tight. Lots of businesses fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be satisfied or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area draw in brand-new customers? Most times, companies have repeat clients, which develop the core of their daily revenues. Certain factors such as new competition growing up around the location, road construction, and also personnel turn over can influence repeat customers and also adversely affect future revenues. One essential point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the possibility to develop a returning consumer base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? How might the regional average family income effect future income potential?