Miami Beach Convenience Store: Beer, Wine, Tobacco and Vape, Parking, 5-Year Lease

• Asking price$390,000
• StructureAsset sale
• Lease term5 years
• Inventory includedAbout $40,000 at cost
• Established2016
• OperationAbsentee-run

Established, fully licensed and fully stocked neighborhood convenience store, offered as an asset sale with a five-year lease term and dedicated on-site parking. Entitlements cover retail tobacco, vape and CBD, off-premises package beer and wine, lottery and an ATM, in a city that has moved to prohibit new tobacco and vape retailers in parts of town.

Run absentee today with counter staff; roughly $40,000 of inventory at cost is included in the price. Cash at closing preferred, with a modest short-term seller note possible for a qualified buyer.

At a glance

• Fully licensed and stocked: tobacco, vape and CBD, package beer and wine, lottery, ATM
• The city has moved to prohibit new tobacco and vape retailers in parts of town
• Five-year lease with dedicated on-site parking
• Absentee-run with counter staff
• About $40,000 of inventory at cost included in the price
• Cash at closing preferred; a modest short-term seller note possible for a qualified buyer

What you receive after the NDA

The confidential information memorandum, the financial summary and written answers from the sell-side team. A written non-binding indication of interest then opens the data room and access to management. Buyer qualification is a short bio, a personal financial statement with proof of funds, and a lender pre-qualification or funding letter if the purchase will be financed.

On this business the group represents the seller. Buyers are welcome to bring their own advisor, lender and attorney, and we will work with them. No company in the group provides a buyer-side review, valuation, QofE or diligence on a business the group is selling. Please do not contact the business, its staff, landlord or suppliers directly.