favorite this post Convenience store for lease - $95000 (625 E. 140th street) hide this posting unhide

625 East 140th Street at Jenne ave

(google map)

Owner financing available

Huge profit potential with new apartments being built across the street and finishing a kitchen with the 6ft hood already on premises, turn key business already running and ready for new management. Owner is flexible with lease term.

13 door walk in cooler, 2 top glass freezer, deli cooler, 3 two door glass coolers, deli slicer, display cases, large office with private restroom with shower and a employee restroom, 10 car parking space, lottery, cell phone station for repairs, ice making machine, and a cappuccino machine, atm, bill pay, 5 isles of shelving, racks for clothing and shoes, and a large separate room for a potential kitchen, 2 large basements for storage.

Only convenience store with in a 10 block radius and new apartments being built across the street.

Growth & Expansion:
Expanding by adding a kitchen and bringing alcohol license will more than triple the profit potentials.

Financing: owner offering 1000 monthly for first 6 months.

Asking Price: $95,000

Cash Flow: $60,000

Gross Revenue: $340,000

EBITDA: $30,000

FF&E: $45,000

Inventory: $25,000*

Rent: $2,000 /Month

Established: 2012
Inventory:Not included in asking price
Real Estate:Leased
Building SF:2,400
Lease Expiration:5/31/2022
Furniture, Fixtures, & Equipment (FF&E):Included in asking price

* not included in asking price
  • do NOT contact me with unsolicited services or offers

post id: 6866589661



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