Convenience Store with Real Estate ($1.3M Annual Sales 2024)
| Asking Price: | $1,600,000 |
| Gross Revenue: | $1,300,000 |
| Real Estate: | $750,000 |
| Cash Flow: | $243,000 |
| EBITDA: | $243,000 |
20 Miles from Federal Way, 4,000 SF Store, Family-Owned for 10+ Years
**NOTE - CONFIDENTIAL SALE - ABSOLUTELY NO OUTREACH OR VISITS TO THE STORE WITHOUT SCHEDULING WITH OWNER**
- +/-20 miles from Federal Way
- Expected annual revenue for 2024 is $1,300,000 based on historic annual sales growth
- Annual revenue has GROWN by 32% in the last four years, from $909,000/year in 2019 to $1,200,000/year in 2023
- The store is the ONLY grocery or convenience store located in multiple-mile radius (about 15-20 minutes drive time)
- Very rare opportunity to purchase a store that has been owned by the SAME owner for 10+ years, with strong, growing sales every year
- Large portion of repeat, local customers
- The store is the ONLY grocery or convenience store near Deep Lake, very popular local swimming and fishing location in the summer for locals and visitors
- Potential for absentee ownership if desired
- Full 100% real estate ownership, including store floor and one (1) apartment unit in the building's ground floor
- Strong SBA loan financing profile, seller can provide many years of financial history
- Extremely strong gross margin business (38-40%)
- Extra income: Lotto, ATM, Apartment Rent (one unit downstairs), rebate
- Near two (2) very popular state parks
