Established 50+ Year Convenience Store with Kitchen and Rental Apartment in Cleveland, OH

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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

Highly established neighborhood C-Store operating successfully for over 50 years.
Includes a kitchen operation providing cooked food revenue streams alongside retail sales.
Features an available apartment on site, offering potential for rental income or owner use.

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

Features & Tags

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