Property Details

Well Established Convenience Store - Monroe County

Property ID : WSD24.221

For Sale $269,900.00 - Convenience Store

DESCRIPTION:

  • A Convenience Store located on a high traffic location in a family-oriented crime-free suburb of the Rochester NY area.
  • There has been a convenience store operating at this location for over 40 years.
  • This store is very clean, well laid-out, and all equipment is in very good working condition
  • This approximately 3,000 sq. ft store has an ATM, Lottery Tickets, and carries the traditional convenience store items plus beer, cigarettes, etc.
  • Lottery Commissions in 2016 were $ 33,096
  • It has its own parking lot for up to 25 Vehicles
  • There is some space within this store to set up a small deli.
  • Currently open Mon. – Thur.   6 AM – 10 PM      Fri. – Sat. 6 AM – 11 PM       Sun. 7 AM – 10 PM
  • The store is staffed by one full time, and three-part time employees for the absentee owner. 

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

  • $ 40,000 in Furniture, Fixtures and Equipment, valued at Fair Market Installed.

LEASE/PURCHASE ARRANGEMENTS:

  • The current Lease expires in May 2020, and can be assigned to the Buyer of this business.
  • Base Rent is $ 2,412/month. In addition to the Base Rent the Tenant pays property taxes on their portion of the building this store is located in and all utility costs within the premises.

REVENUE:

  • Documented Net Sales and Lottery Commissions in 2016 were $612,365
  • Documented SDE in 2016 was $ 141,222

All sales, purchase, and other documents are available to review at the offices of AMD Business Brokers

PRICE/FINANCING:

  • The Asking price is $ 269,900. The Seller may finance a portion of the purchase price to a qualified and credit-worthy Buyer
  • There is approximately $ 50,000 in Inventory at cost available for the Buyer of this store to purchase in addition to the purchase price, but is NOT included in the Asking price

COMMENTS:

  • A nice turnkey operation for anyone experienced in operating a convenience store
  • Next door is a well-run Pizzeria, and a new urgent care practice (opening in Spring 2018) which should significantly increase traffic and foot flow and increase exposure of this store.
  • Adding a deli, and/or ice cream counter should bring additional customers to this store.

Agent Stephen DiPaolo

Steve november 2017
  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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