This is a drive through convenience store, housed in one of the classic drive-thru dairy locations that were so popular in the 1970s. The store carries your typical product mix: beer and wine, soda and water, snacks and ice cream, as well as tobacco and lottery tickets. This particular market is one of those old-school, long established (40+ years!) neighborhood stores, surrounded on all sides by single family homes and apartment complexes. It is located on a major, well-traveled street in a safe area. Also has excellent starting lease terms of only $2,750 per month!!!!

The store is situated on a large parcel of land, with plenty of parking and two covered drive throughs (front and back!), great for doing business in the winter. This area is zoned residential, but this business has grandfathered zoning. It’s one of the few beer and wine stores able to serve this community! The store currently averages ~$36,000/mo. in revenue, with a 45% gross profit margin. 

The Seller owns multiple businesses and has neglected this market’s potential. He selected a less-than-capable manager who ran the store for several years, and the gross revenue dropped (substantially!) to its current level. So the Seller is once again operating the store, but has decided it’s time to sell so he can focus on his other businesses. This is a fantastic opportunity for a Buyer to buy at a discount to this store’s potential. First and foremost, stay open longer: Seller operates very short hours. Add more product: current owner stocks a limited product mix. Use your storefront to your advantage – give the building a fresh paint job, add brighter nighttime lighting, use rollout carts to display product to passerbys, and for gosh sakes, freshen the street and monument signs, so drivers can see the store! 

This convenience store is a great opportunity for somebody entering the industry. If you’ve been looking to operate a convenience store, or expand to another location, this may be the perfect fit. Reach out to the Agent today!