Profitable Kangaroo Convenience Store
Profitable Kangaroo Convenience Store for Sale Kangaroo convenience store for sale. The store was recently remodeled to Kangaroo and is doing 138k inside sales. The sales have continued to go up every month since the remodel was completed. The store is currently absentee run and should do much better with an owner operator. Buyer would have to be approved by Kangaroo. Requirements are below.... 350k liquid (bank account, stocks, ect.)This could go up depending on purchase price of the business. 250k in US assets. US Citizen/ Canadian Citizen with us work authorization or E2 Visa No Felonies No bankruptcies in the past 5 years Live within an hour of the store At least 3 years relative experience
Location
Seminole, FL (Pinellas County)
Employees
8
Real Estate
Lease
Management Type
This business has absentee ownership.
Premises Details
5 year lease with two 5 year options. $40,000 Security Deposit.
Support & Training
Kangaroo training required.
Expansion Potential
The store is being run poorly and therefore a good operator should be able to get the inside sale way up.
Competition / Market
Lots of opportunity.
Inventory / Stock Value
$100,000
Reason for Selling
Absentee owner
Financials
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