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Business For Sale Listing 127864

High Cash Flow C-Store in East Side Cleveland

Status as of Dec-4-2008 at 06:05 PM: Off The Market

Business Summary

This business started in 1970’s as a Food Mart and Convenience Store. The current owner took it over and in 1996 and with the exception of focusing attention the needs of its customers and servicing them on one to one basis, he has not changed the business a whole lot with the exception of refocusing on the marketing the sales of a slightly different mix of products. The business offers typical foods, beverages and alcoholic drinks that are usually available at a C-Store. It does not offer any cooked and hot food since 2003 when the Seller decided that the benefit from offering such items did not outweigh the additional costs. However, it offers good packaged food substitutes of such products. The store is located on a high traffic road that is central in the neighborhood it is serving. The store is well known by it neighborhood customers. The demographics of the area (see Appendix B) favor this business. In addition, the owner’s attention to local people and their needs gives the business an edge over its competition.

Potential for Growth: Expansion of the store hours along with new energy in the business (the seller is currently tired of this business after running it for so many years) could bring the business to new levels.


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Industry

Sector: Retail Trade
Industry: Convenience Stores

Location

Classification: United States // Midwest States // Ohio // Cleveland
Location: Cleveland Metro Area

Financials

Sales: Between $1 Million And $2.5 Million   ($1,000,000)
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Between $500 Thousand and $1 Million   ($549,000)
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