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Convenience Store and Real Estate in Economic Opportunity Zone Industry Type: Convenience Stores Small Grocery Store Price $35,000 Seller Financing $2 0k Down: $15k plus approx. $40k inventory plus $350k Real Estate

3932 N 16th St, Omaha, NE 68110, USA
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  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale
  • Businesses For Sale | Convenience Stores For Sale

Listing ID : 429712

Posted on May 7, 2024 View Count 12

Price :
$35,000
Business Financials & Assets :
Year Established:
2023
Inventory Included:
No
Estimated Value of Inventory:
$40,000
Description of Inventory Included:
Retail convenience store items.
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$50,000
Description of FF&E Included:
Walk-in coolers, equipment, displays, shelving, etc.
Property Details :
Business Details :
Number of Employees:
4
Absentee Owner:
No
Business Can Be Moved:
No
Real Estate:
Available for Purchase
Facility & Tenant Improvements:
Recently Rennovated to new Convenience Store.
Competition:
Little competition in the immediate area.
Growth and Expansion Opportunities:
Sports complex and properties up and down the street are being rennovated with funding from the North Omaha Econmic Development Grant.
Terms :
NDA Required:
Yes
Broker Co-Op:
Yes
Financing:
Negotiable
Support & Training Offered:
Yes
Reason for Selling:
Built to sell
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Newly renovated and fully stocked convenience store in Economic Opportunity Zone in North Omaha near Carter Lake. Re-gentrification currently underway, property values skyrocketing; great tax rewards as this property will gain value! Strategically located in area that is targeted with funding for economic development. Incoming developments include residential and retail, sports complexes, and new zoning opportunities. Real estate available to qualified buyer of the business. Business for sale for $35,000 plus inventory on hand at closing (approximately $40,000); real estate also available for purchase for $350,000 to a buyer who also purchases the business. Real estate has been renovated and remodeled: Major plumbing work was completed for the addition of the fountain stations; Additional electrical work was done for Exit signs and to bring everything up to code; The building is 25×68′ with ground floor 1,686 SF plus partially finished basement are of 916 SF for total area of 2,602 SF under roof. Comparable sales average more than $350/SF, asking $134/SF. New AC unit and Furnace both of which were installed in 2022; New windows and a commercial door were installed for the storefront, and a new water heater was installed in 2023. Buy the business and real estate while prices for both are low, and reduce capital gains taxes because of the Economic Opportunity Zone when you sell both business and real estate for more later.

Business History Established in 2023, this convenience store quickly became a cornerstone of the North Omaha community, embodying the spirit of convenience and service. Founded with a vision to provide residents with a one-stop solution for their daily needs, this business has since built a reputation for reliability and customer satisfaction. Founded by a visionary entrepreneur who saw a great market opportunity, this business was established on the principles of accessibility, quality, and community engagement. The founders aimed to create a convenient shopping experience tailored to the diverse needs of Omaha residents. This community-centric approach not only fostered a strong sense of loyalty among customers but also solidified this business as a trusted local business. A commitment to customer satisfaction is at the core of this business’ philosophy. Friendly and knowledgeable staff members create a welcoming atmosphere, and the store’s layout is designed for efficiency, ensuring a seamless shopping experience.

Competitive Overview   In the competitive landscape of Omaha, NE, this business Convenience Mart distinguishes itself through various strengths. The nearest competing convenience store is about one mile away. This store is the best one near Carter Lake. Positioned strategically in a high-traffic area, this business enjoys a competitive edge by being easily accessible to residents and passersby, increasing visibility and foot traffic. The emphasis on excellent customer service and a welcoming atmosphere distinguishes this business from competitors. Knowledgeable and friendly staff contribute to a positive shopping experience, fostering customer loyalty. The business has shown adaptability to changing market trends and consumer preferences. The ability to introduce new products and services in response to evolving demands keeps the store relevant and competitive. The business demonstrates Quality Assurance, ensuring the quality of products, and consistently delivers on customer expectations for a solid, positive reputation. This commitment to quality differentiates the store from competitors, with a focus on customer satisfaction.

Potential Growth            The business has significant potential for growth on various fronts. Traffic will continue to improve as more than $360m has already been earmarked for development less than one block away from the location, including condominiums and a new sports complex. Additional grants are also available for development in the area. A new owner may also introduce new and diverse product lines to add larger ticket items and attract a broader customer base. Consider incorporating organic or specialty items, health-focused snacks, or unique local products to cater to evolving consumer preferences. Offering additional services such as online ordering with delivery or curbside pickup can tap into the growing demand for convenience. Implementing loyalty programs and exclusive discounts can also foster customer retention. Strengthening ties with the local community through partnerships, sponsorships, or hosting events can increase brand visibility. Engaging with community initiatives can further embed this business as a vital part of Omaha. Periodically reassessing and optimizing the store layout can improve efficiency and enhance the shopping experience. Consider customer feedback and industry trends to create a more inviting and user-friendly space. Implementing targeted and creative marketing strategies, both online and offline, can boost brand awareness. Utilize social media, local advertising, and loyalty programs to attract new customers and retain existing ones. Actively seek and incorporate customer feedback to understand their needs better. this can guide strategic decisions, product offerings, and service improvements, ensuring continuous alignment with consumer expectations.

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Transworld Business Advisors Omaha
License:20200021

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