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Established Convenience Store with 30 Year History in Same Location

Saint Louis, MO (Saint Louis City County)

Established Convenience Store with 30 Year History in Same Location
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Asking Price: $59,000

Cash Flow: $31,000

Gross Revenue: $197,000

EBITDA: $31,000

FF&E: $17,000

Inventory: $15,000*

Established: 1989

*not included in asking price.

Established Convenience Store with 30 Year History in Same Location

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Business Description

Independent convenience store established for 30+ years. A consistent presence in its North City neighborhood, an area that is stable, growing and on the cusp of redevelopment. Store sells convenience items; coffee, soft drinks, soda, etc., snacks, groceries and other household items. Store also features a food counter. Constant flow of foot traffic. Significant opportunities for growth for ambitious buyer to add; beer and wine, cigarettes, vaping products, lottery, expand the food counter and many other areas.

Building is also available for sale. Building is a commercial property on a corner. 1st floor retail, second floor residential (with restoration.) Real estate value $50,000.

Detailed Information

Saint Louis, MO
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Building is a commercial building on a corner. Location is a few blocks off a major interstate highway, in an area on the cusp of redevelopment. First floor retail, 2nd floor could be residential with restoration. Includes coolers, freezers, cooking grill and all shelving. Building is also for sale for an additional $50,000 to the asking price for the business.
Reason for Selling:
Pursue other business interestes
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Fred Sussman

Business Listed By:
Fred Sussman

Visionary Business Alliance

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