1170 23rd St, Richmond, CA 94804

$600k Yearly In Revenue + 3% Growth

PROFITABLE CONVENIENCE STORE - PRIME RICHMOND LOCATION
Established convenience store operating since 1997, strategically positioned adjacent to Richmond High School in Richmond, CA. This well-positioned retail operation generates strong consistent revenue with steady growth trajectory.

FINANCIAL HIGHLIGHTS:
• Annual Revenue: $600,000 with 3% year-over-year growth
• Net Profit: $100,000 annually
• Profit Margin: 30%
• Additional rental income of $5,000 from apartment and restaurant tenants
• Potential for additional income through office space leasing (Western Union, MoneyGram services)

BUSINESS OVERVIEW:
This market benefits from its strategic location directly adjacent to Richmond High School, ensuring consistent foot traffic from students, faculty, and local community members. The business has demonstrated resilience and growth over its 26-year operating history.

OPERATIONAL DETAILS:
• Building Size: 3,500 square feet
• Monthly Lease: $3,500
• Inventory Value: $100,000
• Absentee owner operation - ideal for owner-operator or investor
• Established customer base with predictable revenue streams

LOCATION ADVANTAGES:
Situated in Contra Costa County, the store's proximity to Richmond High School provides built-in customer traffic. The location also supports additional revenue opportunities through rental income and financial services.

This profitable convenience store represents an excellent opportunity for an owner-operator looking to acquire an established business with proven financial performance, strategic location benefits, and multiple income streams. The combination of retail operations, rental income, and potential service expansion creates a diversified revenue portfolio.

Asking Price: $400,000

Ad#:2449812

Location:

Richmond, CA

Inventory:

$100,000
Not included in asking price

Real Estate:

Leased

Building SF:

3,500

Lease Expiration:

N/A

Employees:

2 (2 Full-time)

Facilities:

Strategic Location Market Convenient Market, Wall to Wall With Richmond High School. Revenue/Sales Yearly: $600,000 + 3% Growth per year Net Profits Year: $100k Margin: 30% $5000 In Rental Income From Apartment and Restaurant Additional Income Available from Office space for lease - western union , money gram. This will be gone fast. Please contact quickly if you are interested. Leave your name and I will call you back.

Text/call: 415-712-6664