There are over 144,000 convenient stores in the United States so how does a buyer find convenient stores for sale that offer the best opportunity to generate wealth? The key for finding the best convenient stores for sale is to focus on location. This business relies heavily on customer convenience and the location of the store is the number one determinant of whether or not customers will find their way inside.
The Ideal Location For Convenient Stores For Sale
A convenient store should be convenient to access. Ideally, the best location for a store is at the corner of an intersection after passing the traffic light. This makes the store both easy to see in a high traffic area and allows motorists to safely stop and pull in even if they notice the store at the last moment. Convenient stores are not often the target for destination shoppers, so being visible on a street corner will bring in customers who need to make a quick purchase on the run.
Accessibility And Convenient Stores For Sale
Optimal locations for convenient stores for sale have to be accessible; this includes accessibility for both motorists and pedestrians. Ample parking areas that are well lit will attract customers right off of the street. Handi-capped parking spaces and store access, in addition to being mandatory by law, will also drive in customers. For pedestrians, controlled intersections, crosswalks, and curb cuts will increase walk in business as well as sales.
The Right Neighborhoods For Convenient Stores For Sale
Finding appealing locations for convenient stores for sale also require a buyer to look around the facility to pick good neighbors and neighborhoods. Convenient stores for sale that are near other businesses will create opportunities for customers to come in while running other errands. Aim to purchase locations near residential and commercial neighborhoods while being mindful of other convenient stores that may act as competition; in addition, check local census statistics to pick densely populated areas to maximize your potential for walk-in traffic.
Convenient Stores For Sale That Make The Most Of Their Location
A good buy should aim to offer as many services as possible in a single location, which is why convenient stores are so commonly co-located with gas stations. Other complimentary services or co-located businesses include food service, banking and ATM services, novelty and seasonal products for sale, area specific items (such as beach equipment near costal tourist regions), check cashing capabilities, as well as money order services.
Buyers that focus on convenient stores for sale with a stellar location and complementary services will position themselves in a business with great potential to generate profit.
Looking to buy a convenient store business? See all convenience stores for sale in California - or sell a convenient store business and reach thousands of laundry buyers. Also keep up to speed on the California convenience store updates (with industry business brokers & experts) with upcoming BizBen Online Talk Shows & Webinars.
About The Author: Peter Siegel, MBA is the Founder of www.BizBen.com and the Director of the BizBen Network & ProBuy / ProSell Programs on BizBen. Peter Siegel can be reached direct at 866-270-6278 to discuss getting resources for selling a convenient store, financing a convenient store purchase, or buying California convenient stores. Make sure you check out BizBen's long list of C-Stores postings (available & wanted requests) - this list is updated daily!
|Helpful Resources To Assist In Selling And Buying California Businesses|
|Harry Sidhu, CBB, Broker - SF Bay Area, Central Valley, SAC Region
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
|Diane Boudreau-Tschetter: Escrow And Bulk Sale Services
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
|Michael Davidson, Business Broker - Southern California
Los Angeles Business Broker providing M&A quality services for Small Business Owners. We leverage our technology and expertise to Simplify & Expedite the Business Sales Process. Matching the right buyer with the right business is how we define success.
|Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area
Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.
|Chris Seaman, Business Broker - San Diego County Area
Founded in 1994, First Choice Business Brokers has accelerated to become one of the most successful Business Sales Organizations in the world. Our team of agents have gone through extensive training to become experts in the field of business brokerage. Call Chris at 858-578-4111 for more info.
|Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
|Michael Floorman, Business Broker, BTI, San Francisco Bay Area
Business Team, San Jose (Campbell) located in the Pruneyard Towers at Bascom and Hamilton. Established in 1981 Business Team with over 6600 sales to date has 1000 business listings to choose from, paid Google advertising. We offer highly trained and experienced professionals.
|Willard Michlin, CPA, Certified Fraud Examiner, Due Diligence Services
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 800-864-0420.
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