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Business For Sale Listing 139265

Convenience Store w/ Real Estate Option

Status as of Sep-6-2008 at 06:01 PM: Off The Market

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Business Summary

This popular store is a neighborhood anchor, having been in place for over 50 years. The current owner has been there for 14 years. Competition exists, but is not nearby. The residents of the area are loyal customers. This is an excellent opportunity for an enterprising storekeeper.

General Information
Facilities: 2500 Square Foot store with large walk-in cooler, freezers, ice machine, etc. Plenty of parking. The optional real estate for $150,000 includes 1.13 acres, the store, and a 1250 sf house behind the store. Additionally, there is a nearby 1/4 acre piece of property with three rental houses, which bring in $850/month. This property is for sale for $80,000.
Competition: The store is in an excellent and accessible location, at a busy intersection.
Growth and Expansion: The town is growing fast and this store will grow right along with it. Also, the inventory could be expanded.
Support/Training: Two weeks at no cost.
Reason Selling: Other business opportunities
Year Established: 1950
Employees: 2


Categories

Industry:
Location:
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Industry

Sector: Retail Trade
Industry: Food Stores

Location

Classification: United States // Southeast States // North Carolina // Winston-Salem
Location: Wilson, Wilson County, North Carolina

Financials

Sales: Between $100 Thousand And $500 Thousand   ($175,000)
Profits: Under $100 Thousand   ($61,000)
Profit Type: Free Cash Flow
Asking Price: Between $100 Thousand and $500 Thousand   ($150,000)
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