Property Details

East End Convenience Store - Monroe County

Property ID : PRB40.01

For Sale $149,000.00 - Convenience Store

• A Convenience Store located on a high vehicle & foot traffic road located in the East End District in the City of Rochester, NY area.
• This convenience store has been in operation for 10 years.
• This store is very clean, well laid-out, and all the equipment is in very good working condition
• This 1,158 sq. ft store has an ATM and Lottery Terminal
• Currently open Monday – Friday, 8 AM – 7 PM, and Saturday – Sunday from 9 AM – 5 PM
• The Owner is retiring

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price)

• $ 25,000 in Furniture, Fixtures and Equipment, valued at Fair Market Installed.
• $ 10,000 in Inventory at cost

LEASE/PURCHASE ARRANGEMENTS:

• The current Lease expires on August 20, 2024. There are two 5-year options to renew
• Base Rent is $ 1,080.04/month

REPORTED INCOME AND SDE:

• Income: 2018 – $ 303,031 2017 – $ 312,982 2016 – $ 329,730
• SDE: 2018 – $ 74,867 2017 – $ 79,575 2016 – $ 88,369

PRICE/FINANCING:

• The asking price is $ 149,000.

COMMENTS:

• An excellent turnkey operation for anyone experienced in operating a convenience store
• Longer store hours would improve revenue. Especially in the evening and on weekends.
• Adding a deli, and/or ice cream counter should bring additional customers to this store.

Agent Pamela Bauer

  • Office : 585-247-4750


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