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- RE: Convenience Store W/Beer & Wine/Keno-Price Reduced
- Contact: Ming Dong
Quick Facts
Asking Price: | $199,000 | |
Annual Revenue: | $500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 3 | |
BBN Listing #: | 911731418 | |
Broker Reference #: | 1439053 |
Business Overview:
This Convenience store has a Keno screen with beer and wine located in a busy neighborhood of Boston.This store has been operating for over 40 years.
The hours are from 7:00 am to 9:00 pm, seven days.
The inside sales is $520,000 per year; lottery commission is $70,000 and ATM is $10,000.
This store has a small deli.
There is parking on the premises.
Note: cash flow does not include payroll. The payroll is determined by how many hours the owner wants to work.
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Property Features and Assets:
The size of the store is approximately 1,500 sq. feet with a basement the same square footage. This store has a small deli. There is parking on the premises.Market Competition and Expansion:
Competition does exit. especially in well dense neighborhood areas. This store is different because of a deli. Expansion of the deli can increase sales. Giving you a better profit margin overall.Reason for Selling:
Other interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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