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This Business has been Sold!
Closing Date: 08/27/2012
Broker: David Cohen
Business for Sale Summary

Beer Wine and Convenience store - 19947

Business Type: convenience store,liquor store/ wine
Sold
Beer Wine and Convenience store
On August 27th 2012, The Undersigned
Acted as the Advisor to the Deal
David Cohen
David Cohen Senior Broker
Servicing: All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
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Financial Information (non-confidential)

General Information
Asking Price $69,000 Down Payment $69,000
Gross Revenues $418,247 Lease Remaining Register Free to View
Owner’s Cash Flow $40,635 Number of FT Employees Register Free to View

Financing

$69,000 Down and

Business Description

Convenience store with Beer & Wine. Located in a strip plaza on a busy numbered route with a good mix of residential, commercial, and industrial customers nearby. Currently absentee run, the cash flow shown is based on an owner operator. This store has plenty of potential to increase revenues and would benefit greatly from a hands on owner. Room to improve profit margins and expand product lines. Lanlord is willing to write a new long term lease or you can relocate to any other location in town. Lotto commission of $52k per year. Beer & wine license included in the price, no more licenses are available in town.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.