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Warren Convenience Store

Retail | 7,200 SF

Listing Contacts

Active

Asking Price: $500,000
Address 

1128 W Market St, Warren, OH 44485

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Date Added
Mar 19, 2024
Days on Market
371 days
Time Since Last Update
13 days

Details

Property TypeRetail
SubtypeConvenience Store
Square Footage7,200
Price/Sq Ft$69.44

Marketing Description

Established convenience store located in the heart of Warren.​ This successful business is a turn-key operation.​ It has been a staple in the community for decades.​ Prime location with excellent traffic flow & significant foot traffic.​ Ownership recently made many updates including new flooring, coolers, shelves, and expansion of a designated section for vape products.​ Includes groceries, lottery, beer, wine tobacco/cigarettes, ATM, Bitcoin Machine, EBT, Bill Pay, Money Gram, Money Orders & very lucrative check cashing business.​ Successful hot food service business as well.​ Lease is $5000/month.​ Inventory not included in list price.​ Check cashing generates $450,000-$650,000 monthly.​ If new owner is not interested in check cashing, a representative from a local company will operate that part of the business, 6 days a week from open-close for a fee and owner would not be responsible for any returned checks.​ Lottery commission currently $60,000-$70,000 per year.​ ATM profit is $8000-$12,000 per year.​ Money order sales average $3-$4 million per year.​ Inside sales $70-$80K monthly and increasing steadily as business is under new management.​ Pull tabs average monthly income of $1800-$2500.​ Owner willing to provide transitional training.​ Serious buyers only with proof of funds available.​ Must sign Non-Disclosure Agreement (NDA) in order to review financials.​ Please do not disturb the employees.​ Direct all questions and inquiries to listing agent.​


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