Profitable Convenience Store + Real Estate Included | Dundalk

Description

Convenience store for sale with the real estate included in the transaction.

The store is fully operating and generates revenue from several different sources in addition to regular grocery and convenience sales.

Financials

• Average monthly gross revenue: approximately $117,500
• Annualized gross revenue: approximately $1.41 million
• Reported monthly cash flow: approximately $12,000
• Real estate included

The annual revenue figure is consistent with the reported monthly average when calculated over 12 months.

Revenue sources

• Grocery and convenience merchandise
• Lottery sales
• ATM income
• Money order services
• Additional miscellaneous store revenue

The store operates as a lottery Super Agent according to the seller.

Current operation

• Existing customer traffic
• Fully stocked store
• Business operating without interruption
• Property included with the sale

Growth

A buyer could review several ways to increase sales and margins:

• Add additional product categories
• Improve merchandising
• Extend operating hours
• Add prepared food or food service
• Expand tobacco or vape products where legally permitted
• Add local delivery

Confidentiality

Detailed financial information is available to qualified buyers after a confidentiality agreement is signed.

Due diligence

Buyers should verify historical financials, reported cash flow, lottery commissions, ATM and money order income, inventory value, real estate condition and value, equipment ownership, staffing, utilities, merchant fees and all applicable permits before closing.

Any tobacco, vape, lottery or food-service expansion will be subject to applicable state and local licensing requirements.