Active
Profitable Convenience Store
This is a unique opportunity to own a well-established convenience store that has been a neighborhood staple for over four decades. Located in a high-traffic area with excellent visibility, this business offers consistent daily foot traffic and reliable income streams.
The store is fully stocked with everyday essentials including beverages, snacks, alcohol, tobacco products, lottery tickets, and household items. In addition to retail sales, the business generates supplemental income from an on-site ATM and five legal slot machines, creating multiple revenue streams for the owner.
Highlights:
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40+ years of continuous operation
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ATM and 5 slot machines generating passive income
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Strong local customer base and trusted reputation
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Steady sales with growth potential
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Turnkey operation – inventory and fixtures included
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Ideal for owner-operator or absentee investor
This business is ready for a new owner to step in and take over a proven, cash-flowing operation with built-in alternative income.
Listed By: Grey Ottenstein
Background information
Reference:
82540
Year established:
1985
Reason selling:
Owner's mother is in poor health
Finance
Sales:
$432,000
Profits:
$57,200
Profit type:
Discretionary Earnings
Operations
Employees:
1 assistant
Equipment:
$5,000
Inventory:
$15,000
Furniture fixtures and equipment:
$5,000
Premises
Square footage:
2400
Rent and lease terms:
$6,000 Monthly
Location:
Houston, Texas
Price and terms
Price:
$92,000
Down payment:
$46,000
Financing:
Seller Financing Available $46,000 Down $46,000 Financed for 3 years @ 6% (3 YRS @ 6% = $1,399.41 P/M)
Training:
Training provided by owner as needed