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Neighborhood Convenience Store

Grand Rapids, Michigan (Kent County)

Retail - Convenience Stores

$Seller Financing Available

Asking Price $160,000 Inventory $15,000** 
Gross Income $165,000 Real Estate $120,000* 
Cash Flow $60,000 Year Established 1950
FF&E $40,000* Employees 1

* included in the asking price

** not included in the asking price

Neighborhood store, no competition features beer, wine and groceries. Add lotto, increase hours and see unlimited increase in sales. Also features two apartments generating $10,500/year of additional income. Great opportunity. Store currently is open from Noon to 9:00PM M-S and closed Sunday. Add lotto and WIC too!! High margins with no competition.

Facilities: New electrical and everything is up to code. Features additional income from a 1-bedroom and a 2-bedroom apartment.

Competition: No competition. Same location for decades. Great neighborhood location with mostly walk-in traffic.

Growth/Expansion: Increase hours, add lotto and WIC and possibly check cashing. Unlimited potential for agressive buyer.

Seller Financing Available: Yes

Support/Training: Seller will train for two weeks at no charge to buyer.

Reason Selling: Confidential Family Reasons

Business For Sale By

Jerry Towner

866-971-5550

The Towner Team

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