This website uses "cookies" to ensure you get the best experience on our website. Using this website means you're OK with it.
Note

Semi-Absentee C-store in Cleveland, OH!

Listing was updated on: 08/16/2019
Semi-Absentee C-store in Cleveland, OH!

Property Overview

Price/Rent PSF $ 3,700.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 08/17/2019
Search Demographic Data
Click to add the listing to favorites
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Copy iframe
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Make a Note
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Add to Listing Report
You need to be logged in to do this. Click the link above to log in or register for free so you can do this
Export PDF
You need to be logged in to do this. Click the link above to log in or register for free so you can do this

Description

Semi-Absentee Convenience Store with $4,700 Lottery Commission in Cleveland, Ohio! Seller only works few hours in the morning! Seller’s husband had medical problems last year and Seller has been preoccupied taking care of her husband and running the store absentee. Seller wishes to retire! Seller’s yearly net profit is $70,000 after paying $5,500 per month in payroll! Owner-operator can make over $130,000 per year at the store if they work full-time! Sales are $37,000 minimum per month! High-margin store! Lottery Commission is $4,700 average per month! Check cashing commission is $1,000 per month! Seller only does check-cashing in the mornings when she is in the store. She used to do $5,000 per month in check-cashing when the husband was also operating the store. High potential by adding a deli with hot food and selling vape products! Easy access to the interstate! Busy Location with high daily traffic. Average of 500+ customers per day. Nearly 136,000 total households within a five-mile radius with a population of over 320,000! Rent is only $3,700 including CAM per month with 6 years remaining on lease. Rent is CPI-adjusted and increases by $100-$150 every year. Asking Price for Business-only: $129,000 + inventory. Inventory is approximately $40,000.

Location

Are you sure you want to delete your listing

We recommend you archive listings rather than delete them, for future reference.

Can we add this to our comparable database?

Are you sure you want to archive your listing

Can we add this to our comparable database?

Please type your email and we'll send you the mail with all pdfs attached. You can also download each pdf from the list below.