Long-established Syracuse convenience store with property

BizGeno summary

A 44-year convenience store packaged with its commercial parcel, eliminating lease-renewal exposure and creating an owner-user real-estate component. Buyers should separate business and property value, test inventory and licensing needs, and reconcile the seller's unusually low equivalent occupancy cost.

What stands out

• The seller reports $2.15 million in revenue and at least $537,000 in SDE.
• A 0.47-acre commercial parcel is described as included.
• The operation has more than four decades of trading history.

Questions worth asking

1. What independent values support the business and real-estate allocations?
2. Which licenses and supplier arrangements transfer?
3. How much inventory and working capital are required?
4. What environmental history applies to the parcel and prior uses?