Established 50+ Year Convenience Store with Kitchen and Rental Apartment in Cleveland, OH
Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $184,480
- Cash Flow / SDE:
- $42,110
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 3.6x
- Location:
- Cleveland, OH, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This is an exceptional opportunity to acquire a long-standing, 50+ year neighborhood convenience store located in Cleveland, Ohio. The business is turnkey, benefiting from high foot traffic and a loyal customer base cultivated over decades. In addition to standard C-store offerings, the location features a fully operational kitchen selling cooked food, complemented by Ohio Lottery sales. The current owner has successfully managed the business for over 20 years. A significant bonus is the available apartment space, which can be rented out for additional income or used for owner accommodation. With Seller's Discretionary Earnings of $42,110 on $184,480 in sales, this business offers immediate cash flow and substantial potential for growth through expanded product diversification.
Industry Information
- Industry Description:
- This listing is for an established convenience store that also operates a kitchen for cooked food sales, located in Cleveland, Ohio. It falls under the Retail sector, with elements of Food Service.
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 1975
- Employees:
- 2
- Reason for Selling:
- Retiring
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $1,200 USD
Assets & Inventory
- FF&E Value:
- $25,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $15,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Gary Sardon
- Company:
- Transworld Business Advisors
- Email:
- [email protected]
- Phone:
- (216) 912-2196
Listing Details
- Listing ID:
- e7c58e66-b047-4ac9-bae0-5a77d6f4a323
- Source Listing ID:
- 022822-497131
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD