Business Overview

Monthly sales of $75,000/month + $4,000/month of revenue from the ATM and $3,000/month from Keno and Lottery commission; 8,000 SF building (convenience store occupies 4,000 SF) with a dry, clean 4,000 SF basement providing opportunities to expand the store or lease to other tenants: brand new fire suppression exhaust hood installed that’s NEVER been used – potential to establish and run your own deli or lease the space to a deli operator and generate additional passive/rental income (estimated rental for a 2,000 SF deli = $2,000/month and that still leaves a 2,000 SF space that can also be leased): price is for the business only: the real estate may be purchased for an additional $800,000; if just the business is purchased the 4,000 SF convenience store space will be lease to the new owner at $5,500/month.


  • Asking Price: $400,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:12,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell companies. However, the real factor and the one they say to you might be 2 entirely different things. For instance, they may claim "I have too many various obligations" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or an array of other reasons. This is why it is very vital that you not count completely on a vendor's word, however instead, make use of the vendor's solution combined with your overall due diligence. This will paint a more sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses take out loans so as to cover points like stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can suggest that profit margins are too small. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that should be satisfied or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new consumers? Often times, companies have repeat clients, which form the core of their daily earnings. Particular factors such as new competition sprouting up around the area, road building and construction, and employee turn over can influence repeat clients and negatively influence future revenues. One important point to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business often, the higher the chance to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? Just how might the regional median house income effect future earnings potential?