ESTABLISHED CONVENIENCE STORE - CLEVELAND, OH This profitable convenience store presents an excellent opportunity for an entrepreneur seeking a turnkey business with strong cash flow and growth potential. Located in Cleveland, Ohio, this well-established operation has built a solid customer base and demonstrates consistent financial performance. FINANCIAL HIGHLIGHTS: OPERATIONS & LOCATION: REVENUE STREAMS: GROWTH OPPORTUNITIES: The current owner is relocating out of state, creating this opportunity for a new operator.
Seller financing available. Comprehensive training and support negotiable based on buyer needs. This turnkey operation offers immediate cash flow with multiple avenues for growth, making it ideal for both experienced retailers and motivated entrepreneurs looking to enter the convenience store industry in a prime Cleveland location.
- Annual Revenue: $900,000
- Cash Flow (SDE): $180,000 (20% margin)
- Asking Price: $250,000
- Inventory Value: $75,000
- Currently operates as absentee-owned business
- 2,000 square feet of retail space
- Monthly lease: $1,800
- Strategic location near downtown Cleveland
- Minimal local competition in excellent neighborhood
- Current hours: 9 AM - 9 PM (expansion opportunity)
- Beer and wine sales
- Lottery services
- EBT accepted
- Established customer base with neighborhood loyalty
- Extend operating hours for increased revenue
- Add hot food program (high local demand)
- Expand fresh food and deli selections
- Introduce bill pay and check cashing services
- Owner's ideas welcome for further expansion