Convenience Store for Sale – Duluth
Convenience Store for Sale – Duluth
Profitable neighborhood store with consistent daily sales and strong supplier contracts
Key Business Facts
Location:
Duluth, Minnesota
Category / Subcategory:
Retail Stores » Convenience Stores
Business Overview
Operating since 2017 serving residential customers with groceries and essentials.
Growth & Expansion Potential
Add delivery & lottery services
Operations & Support
Facility Details:
Retail space with refrigeration & storage
Competitive Landscape:
Moderate competition
Support & Training Provided:
1 month included
Seller & Financing Information
Reason for Selling:
Personal reasons
Financing Details:
Available with conditions
City Demographics & Business Outlook in Duluth
The Duluth market continues to be a growing destination for entrepreneurs, investors, and franchise operators seeking new opportunities.
Population: 183,146
GDP: $23.00 Billion
Median Age: 42.2
Population Growth Rate: 1.40%
Major Industries: Tourism, Marine, Aviation, Finance, Technology
Entrepreneurship Rate: 6.80%
Number of SMEs: 42,000
Number of Franchises: 1,200
Key Financials
- Cash Flow: USD$15,000
- Gross Revenue: USD$85,000
- EBITDA: USD$13,000
- Inventory: USD$40,000
- Monthly Rent: USD$4,800
Business Facts
- Category: Retail Stores » Convenience Stores
- Established: 2017
- Employees: 5
- Is Franchise: No
- Home Based: No
Property & Assets
- Real Estate: 75,000
- Building SQFT: 2,100
- Lease Expires: Apr 2032
- FF&E Included: Yes
- Fee & Equipment: 75,000