If you are retiring soon and own a convenience store, you may want to sell it. Because a convenience store comes at a high price and is a big undertaking, it may take some time to find a buyer. Fortunately, there are things you can do to help speed things alone, two of which are listed below. You can then sit back and enjoy your retirement.
Refresh the Appearance
The physical appearance of your convenience store should be at its best. This starts with the exterior because this is the first thing prospective buyers see when they pull up to your store. Make sure the parking lot and walkways are clean and free from debris. If there are any stains, purchase concrete stain cleaner at home improvement stores to get them out. If you see any type of damage on the concrete, repair it. For example, if you see small cracks you can use a concrete crack filler.
Clean every shelf in your store, which means removing all products and wiping the shelves down. Check the products themselves because if they have sat for long they may have dust on them also. Make sure your shelves are organized neatly. If your shelving is old, consider replacing it.
The flooring and walls should be completely clean. If the walls have not been painted in some time, this would be a good time to give them a good paint job.
You should also improve the landscaping. Make sure bushes are trimmed neatly, and if appropriate, plant some flowers outside. If you walk around your town, you will likely see daylilies planted at many businesses. This is because these flowers are easy to care for and hold up well to drought and high heat.
Consider hiring a professional cleaning company if you do not have time to clean your store properly, as well as a landscaper.
Improve Your Online Presence
Prospective buyers may look online for information about your convenience store. For example, they will likely look at your website, as well as social media sites you may have set up for your store. Make sure your website is updated, easily navigated, and that your products are properly displayed on it.
If you do not have a lot of followers on your social media sites, try to gain more of them. Visit your social media sites regularly and talk with the followers, such as answer any questions they may have about your store. If the prospective buyers see that you have a lot of followers this shows them that your business is successful.
You should hire a website designer, as well as a social media professional if you do not have experience doing these things on your own.
Talk with your real estate agent, as they can give you many tips to help your store sell faster. Also, consider talking with someone like Terry Monroe to help you sell your store.
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