High-Volume Convenience Store – Established 60-Year Legacy
Asking Price: | $375,000 |
Gross Revenue: | $850,000 |
Established Year: | 1965 |
Cash Flow: | $200,000 |
Inventory: | $70,000 |
High-Volume Convenience Store – Established 60-Year Legacy in Baltimore City
This 4,000 sq. ft. convenience store has been a cornerstone of its community for six decades, serving as an essential resource for thousands of residents who rely on it for their everyday needs. With no major competitors like Target or Walmart within a 5-mile radius, this store plays a vital role as the go-to destination for groceries, lottery, EBT services, tobacco products, and more.
Fully Equipped and High-Performing
Housed in a freestanding 4,000 sq. ft. building, this convenience store is fully outfitted to meet the demands of its high-traffic location. The facility includes:
15 Freezers: Providing extensive capacity for frozen goods.
Lottery & EBT Services: Reliable revenue streams that generate consistent foot traffic.
ATM On-Site: Additional customer convenience and income.
Designated Beauty Supply Section: Catering to a diverse customer base and driving supplementary sales.
Remarkably, the Lottery commission alone covers both annual rent and utility costs, ensuring consistent profitability. This is a high-volume establishment bustling with activity from open to close, making it a prime opportunity for an experienced operator who understands the value of building trust and rapport in an urban community.
Prime Corner Location with High Visibility
Strategically located on a busy corner, this convenience store benefits from a nearby bus stop, ensuring consistent foot traffic throughout the day. Additionally, private parking provides convenience for customers arriving by car, enhancing the store's accessibility.
An Opportunity for Generational Wealth
If you’re an experienced store owner looking to elevate your portfolio or seeking to establish roots in a thriving urban market, this business offers outstanding profit margins and scalability. Its long-standing reputation, prime location, and essential services make it a once-in-a-lifetime opportunity to create generational wealth in Baltimore City.
Key Highlights:
Established Legacy: A trusted and indispensable part of the community for 60 years.
Turnkey Operation: Fully equipped and positioned for immediate success.
High-Traffic Location: Corner positioning with a bus stop and private parking ensures steady customer flow.
Strong Revenue Streams: Proven profitability with significant contributions from lottery and essential services.
Additional Details Upon Inquiry
Due to the sensitive nature of this opportunity, an NDA is required for further information. Serious inquiries only. Submit a buyer profile to schedule a site visit and explore the potential of this exceptional business.
Don’t let this chance pass you by – contact us today to learn more!