For Sale
$500,000

1128 Market StWarren, OH 44485

Thriving Turnkey Business in Ohio

Overview

Added:
Dec 11, 2024
Days on market:
114
This established convenience store, located at 1128 W Market St, Warren, OH 44485, presents a unique investment opportunity. Spanning 7,200 square feet, this retail property boasts a prime location with high traffic volume and significant foot traffic, ensuring consistent customer flow. The business offers a diverse range of services including groceries, lottery tickets, beer, wine, tobacco products, an ATM, Bitcoin machine, EBT, bill pay, MoneyGram, money orders, and a lucrative check-cashing operation generating $450,000-$650,000 monthly. A successful hot food service further enhances profitability. Recent upgrades include new flooring, coolers, and shelves, along with an expanded vape product section. Additional revenue streams include a substantial lottery commission ($60,000-$70,000 annually), ATM profits ($8,000-$12,000 annually), and significant money order sales (averaging $3-$4 million annually). Inside sales average $70,000-$80,000 monthly and are steadily increasing. Pull tabs generate an additional $1,800-$2,500 monthly. The current monthly lease is $5,000. Inventory is not included in the asking price of $500,000. The seller is willing to provide transitional training. Serious inquiries only, with proof of funds and a signed Non-Disclosure Agreement (NDA) required to review detailed financials. Please respect the employees and refrain from disturbing them.

Highlights

  • Established convenience store in high-traffic Warren, OH location (1128 W Market St).
  • 7,200 SF retail space with strong foot traffic and consistent customer flow.
  • Generates $450,000-$650,000 monthly revenue from diverse services including groceries, lottery, alcohol, tobacco, ATM, Bitcoin, and check cashing.
  • Includes a profitable hot food service and recent upgrades (flooring, coolers, shelves, expanded vape section).
  • Additional annual income streams: $60,000-$70,000 lottery commission, $8,000-$12,000 ATM profits, and $3-$4 million in money order sales.
  • $5,000 monthly rent; $500,000 asking price (inventory excluded); seller offers transitional training.

Property Details for 1128 Market St

Property type
Retail properties, Grocery and convenience stores
Square Feet
7,200 SF

Location Insight

City
Warren
County
Trumbull
State
Ohio
Latitude
41.2342959
Longitude
-80.8329781
1128 Market St, Warren, Ohio

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1128 Market St
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