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|
|Jack Oh, Business Broker - LA, Orange Counties
Business broker and real estate services in the Los Angeles and Orange County areas. 10 years experience with great negotiating skills. To sell a business or buy a business in the LA or Orange County Areas phone Jack and his team at 562-787-4989.
|Ranvir S. Sandhu, Esq. - Legal Services For Buyers And Sellers
I've worked at top Bay Area law firms and have extensive experience with business entity formation, mergers, dissolutions, conversions, employment matters, including experience in reviewing and negotiating transactional documents such as leases and purchase agreements.
|Manjit Singh: SF Bay Area - Business Intermediary
Assistance in the San Francisco Bay Area. Contact me about buying or selling a restaurant, liquor store, gas stations, markets, and c-store businesses. If you are looking to buy or sell a SF Bay Area liquor store, market, c-store, restaurant, etc phone me direct at 510-417-9429.
|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 805-428-2063.
|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.
|Joe Sandbank, Esq. - Legal Services
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process.
|William Park, Business Broker - Southern California
Highest Volume Broker in California, Simply Check our HUNDREDS of Listings! Over 25 Associates, Speaking Dozen Languages, Helping Buyers and Sellers of Small Business since 1982, Centrally Located between Los Angeles and Orange Counties, while Riverside & San Bernardino Counties are Very Accessible.
|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.
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