Listing Number: 60270-800161
Description
Are you ready to own a thriving business in a picturesque rural setting? This is your opportunity to acquire a well-established convenience store with numerous revenue streams, situated right on a bustling two-lane highway and just moments away from a popular recreational lake. This turnkey operation boasts a recent remodel that added hot foods, deli, and soup offerings, making it a hub for both locals and passers-by seeking convenience, value, and great service.
Key Features:
Prime Location: Strategically positioned on a main two-lane highway, this convenience store captures heavy traffic flow, ensuring a steady stream of customers. Its proximity to a sought-after recreational lake and great location between two larger towns draws both residents, commuters, and vacationers, providing consistent foot traffic.
Diverse Revenue Streams: This business is not just a convenience store; it's a comprehensive solution for various needs. With a state liquor license and lottery offering, it attracts customers seeking both refreshments and a chance at fortune. The newly added hot foods, deli, and soup offerings capitalize on the growing demand for ready-to-eat meals.
High Growth: Current owner has significantly grown top and bottom lines over the last year.
Impressive Assortment: In addition to the hot foods, liquor, lottery, and cold beverages, this small but mighty C-store also offers tobacco, candy, bread and buns, grocery, frozen, an impressive assortment of health and beauty, and local items.
Recent Remodel: A recent renovation has transformed the store into a modern and inviting space. The addition of the hot foods deli and soup station has not only elevated the customer experience but also expanded profit margins. New reach-in coolers, an ATM, and a new remote-monitored POS system were added as well.
Semi-Absentee, Turnkey, and Operational Flexibility: Store is fully staffed. The current owner visits the store to write orders, coach and train associates, and monitor service/inventory levels. Options for the new owner include becoming fully absentee or owner-operator to eliminate some labor cost and become more involved.
Low Lease Terms: The favorable lease terms make this an enticing investment opportunity. A combination of a prime location and cost-effective leasing ensures continued low overhead.
Limited Competition: With only one competitor in the vicinity, this convenience store enjoys a competitive advantage. The store's reputation for great service, diverse offerings, and a cleaner store environment attract customers with consistency.
Community Staple: Over the years, this store has become a beloved community fixture. Locals rely on it for everyday essentials, hot and cold meals to go, and friendly service.
This is your chance to own a well-established convenience store with an array of revenue streams in a prime rural location. The recent remodel and addition of hot foods, deli, and soup offerings have positioned this business for continued success. Don't miss out on this unique opportunity to step into a venture with low overhead and ample room for growth.
Details:
Price: $119,000 plus inventory
Annual Sales: $600,000
Inventory: $25,000 (estimated)
FF&E: $50,000 (much of this less than 1 year old)
Goodwill: $35,000
2023 YTD SDE: $-4,000
Listing Details
- Price: $ 119,000
- Down Payment: $119,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 600,000
- Location: Butler County, Ohio
- Inventory: $ 25,000
- FF&E: $ 50,000
- Employees: 10
- Reason for Selling: Other Interests
- Category: Convenience Stores
