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Asking Price$399,000
Revenue$764,000 Established1986
Cash Flow$218,438 Employees3 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High Volume Stand Alone Convenience Store. Located on a very busy road in a South Shore town. This business has been family owned and operated for 26 years. They have parking for over 20 cars in their own lot (part of the lot is rented out for an income of $500/mth.). Within 1,800 sq. ft. they offer a deli and c-store with an electric grill for breakfast and lunch. Gross LOTTO sales were approx. $1.3 million in 2012 with a commission of $78,000.00. Qualified buyers can get a 10 year lease with the first right of refusal on the property. Gross Sales in 2012 (excluding LOTTO and Cigarettes) were approx. $780,000.00 with a total Net (incl. LOTTO and Cigarettes) of approx. $218,438.00. We are looking for a serious and financially qualified buyer with at least $450K in liquid capital to cover the down payment, inventory (approx. $60K above asking price), deposits and working capital. For More Information Contact Your Local Vested Business Broker, Mel Vaz, at 1-877-735-5224.
Training/Support:Seller Will Train
Seller Financing:$260,000.00 Down and $139K over 3 yrs @ 6%
Sale Reason:Retirement
Ad #45603
Seller Reference #21832
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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