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Two Convenience Stores with Real Estate in Lake Havasu City, AZ

Lake Havasu City, AZ, US

Added 1 month ago

Convenience Stores with Food & Beverage

14 years in business

Absentee / Semi-Absentee

Two convenience stores in Lake Havasu City, AZ, are being sold together with the real estate for the larger store included.

Asking

$1.9M

Revenue

$1.9M

Earnings

$284K

Multiple

6.7x

Two convenience stores in Lake Havasu City, AZ are being sold together for $1,900,000, including real estate under the larger store.
Real estate included: 0.41+/- acres with a 3,000+/- sq ft retail building, part of which is rented to a tenant for approximately $24,000/year.
Second store leases 2,000+/- sq ft at $1,750/month on a month-to-month basis.
Both stores operate drive-thru windows, sell beer and wine under #10 licenses, run lottery, and carry grocery, snack, and tobacco lines.
$150,000 in equipment and fixtures is included; inventory of $150,000-$160,000 is not included and is purchased separately at closing.
Three full-time and two part-time employees operate the stores; the owner works full time at the larger store, while the second store is run semi-absentee.

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Vinni's Listing - (2) Lake Havasu C-Stores + Real Estate | $284K CF - Business for Sale