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#Business ID: 13460

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Established Convenience Store with $49K Cash Flow

Business Location: Fort Collins, Larimer, Colorado, United States

Asking Price: BUSINESS SOLD Revenue: $ 438,000 Cash Flow: $ 48,884

[Furniture / Fixtures included]

Business Summary

This convenience store has an excellent location bordering a substantial residential area and is at a traffic light on a busy main road in Fort Collins. The store has been established for thirty years. The current owner has been there ten years and is now ready to retire. Clean and bright, with an established clientele and a very safe location, this store represents an excellent opportunity for a couple or an individual.

Property Details

Size:

1050 sq. ft.

Years Established:

31

Property Type:

Real & Lease

FF&E:

$ 10,000

Inventory Value:

$ 25,000

Other Business Details

Premise Details:

1050 Square foot store. Very clean and bright. Equipment is all in very good condition. Parking is adequate. Lease is $2300/month. 3 and 5 year lease available.

Competition:

Excellent location on a major street in Fort Collins, with a large residential neighborhood behind the store and lots of apartments within walking distance. Not a lot of competition within a mile north or south.

Expansion Potential:

New owner can experiment with new product offerings. Also, there is some storage space that could be used keep aisles clear. Hours could be expanded. Also, the store does very little promotion/advertising.

Business Operation Details

Employees:

0

Support & Training:

Seller will train buyer for two weeks on all aspects of managing the store.

Miscellaneous Details

Financing Available:

Yes
Minimum $70k down

Reason For Selling:

Retiring, moving to California.

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