Established Cleveland C-Store with Kitchen and Rental Apartment Opportunity

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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 06, 2025

Key Highlights

Long-standing operation (50+ years total, 20+ years under current owner) providing stability.
Dual revenue potential with integrated kitchen/food service and an apartment available for rent.
Prime neighborhood location with high foot traffic and a loyal, diverse customer base.

Description

This is an excellent opportunity to acquire a thriving, well-established neighborhood convenience store located in Cleveland, Ohio. Operating for over 50 years, the current owner has successfully managed this turnkey business for more than two decades. The store features a wide range of products, Ohio Lottery services, and a fully operational kitchen offering cooked food, catering to a loyal customer base. The location benefits from high foot traffic. Furthermore, the property includes an apartment available for rent, adding an immediate secondary income stream. Ideal for an experienced entrepreneur or a first-time owner ready to take over a business with a solid foundation and proven track record.

Industry Information

Industry Description:
This business operates as a retail convenience store supplemented by a food service operation (kitchen).
Classification:
Retail

Operational Snapshot

Year Established:
2005
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:
339d40d7-c6fc-44e8-a383-024465a7b706
Source Listing ID:
022822-497131
Deal Status:
For Sale
Last Updated:
November 06, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Convenience Store Food Service Turnkey Ohio Lottery Established Business