How much does it cost to rent a convenience store?
Along with tons of new residential areas being built because of the high demand in the area. It is a 2500+ Sqft store. Includes a big back warehouse & 2 Loft Areas for storage (Combined Total of 1000 Sqft. of storage not included in store size) Rent is $4500 Including Cam & Taxes.
Are there any convenience stores for lease or for sale?
For Lease or For Sale. Currently being used as Deli/Catering business and can easily be re-fitted to a different business. Corner commercial… Corner store available on Coney Island Ave and Beverly Rd. Space has been used as a grocery/deli for the last 30 years. Great foot and car traffic…
How much does it cost to lease a store?
A similarly sized stand-alone building located one-half mile from that store may only be $11 per square foot. For the purpose of writing a business plan, using an average price of $17 per square foot would be a safe assumption in this example. Another big consideration is the type of lease terms you will be getting.
What’s the average profit of a convenience store?
For example, the latest Convenience Store News Industry Report shows that in 2013, the average store had $540,894 in gross profit. That means the average store could afford rent payments of about $9,916 per month ($540,894 x 22 percent divided by 12).
How much rent can a convenience store afford?
The amount of rent a store can afford is directly related to how much the store earns. A good rule-of-thumb is that a store can afford about 22 percent of gross profit. This is the sustainable economic rent. For example, the latest Convenience Store News Industry Report shows that in 2013, the average store had $540,894 in gross profit.
Where can I find convenience stores for lease?
Browse LoopNet’s inventory of Convenience Stores for Lease. To narrow your search for Convenience Store listings by State, select an option on the right. Showing 227 Convenience Store listings of over 500,000 total commercial properties for lease. To find all Convenience Stores, begin a new search above.
Can you lease a convenience store on LoopNet?
Become a FREE LoopNet Member to search hundreds of thousands of Convenience Stores for lease and other commercial properties for sale and for lease throughout the U.S. and Canada.
For example, the latest Convenience Store News Industry Report shows that in 2013, the average store had $540,894 in gross profit. That means the average store could afford rent payments of about $9,916 per month ($540,894 x 22 percent divided by 12).
