Back to businesses for sale
Retail

Profitable Convenience Store In Coral Gables

Coral Gables, FL, USA
Listed 98 days ago

Beautiful convenience store in Coral Gables, serving the Merrick Park community that encompasses 120 luxury rental units spread across 6 stories and adjacent newer luxury rental and condo developments such as Avalon Merrick Park, a recently completed luxury apartment with 254 units and Cora Merrick Park, a newer upscale condo building with 74 premium residences. Also serving students and teachers of four elementary and middle schools surrounding its location. Very reasonable rent for the area and high income residents that focus more in convenience than price, make this store a sure income earner with already 4 years of developing a recurring clientele. Seller wants to focus fully on his clothing import business.

Location

Coral Gables, serving the Merrick Park community

Employees

2

Lease Terms

Expires 10/31/2030 972 Sq FT

Real Estate

Lease

Trading Hours

6:30 AM to 11 PM / 7 days a week

Leasehold Rent

$53,400 per annum

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Years Established

4

Support & Training

3 weeks at no cost

Inventory / Stock Value

$12,500 - included in the asking price

Reason for Selling

Other business interest

Financials

Asking Price
$165K
RevenueMost Recent Year
$297K
Earnings (SDE)Last Reported
$60K
Assets ValueIncluded in Asking Price
$22K
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Palm Beach County Used Clothing Franchise Retailer

Palm Beach County Used Clothing Franchise Retailer

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$299K
Earnings
Undisclosed
Profitable Italian Deli & Prepared Foods Market-Palm Beach County

Profitable Italian Deli & Prepared Foods Market-Palm Beach County

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$300K
Earnings
$250K SDE
Two Profitable Optical Retail Locations – Turnkey Locations

Two Profitable Optical Retail Locations – Turnkey Locations

Palm Beach County, FL, USA
Updated 6 hours ago
Verified about 6 hours ago
Asking Price
$645K
Earnings
$220K SDE