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Business for Sale Summary

Convenience Store for Sale in Massachusetts - 35883

Business Type: delicatessen/catering services,other eating & drinking places,other food stores,owner financing available,convenience store
Convenience Store for Sale in Massachusetts
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Financial Information (non-confidential)

General Information
Asking Price $39,900 Down Payment $39,900
Gross Revenues $170,000 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View

Financing

$39,900 Down and

Business Description

A well-established convenience store with two decades of history is now available for sale. The store boasts a 1,000 square foot space and has been under new ownership since March 2023. The revenue and cash flow figures mentioned in the listing are annualized for your reference. The reason for selling this thriving business is the impending departure of the managing partner, who is relocating due to immigration status complications. The previous owner used to offer a variety of products, including hot sandwiches and other convenience items. Presently, the store partners with a catering company that supplies a range of options like wraps, salads, wedge sandwiches, and fruit cup packets. Additionally, customers can enjoy coffee and donuts from well-known national brands. Recently, the store expanded its offerings to include lottery tickets, keno, scratch tickets, and cigarettes. This business consistently turns a profit, as it effectively prices its products to yield high profit margins. All the equipment and fixtures are brand new, with each item being less than 5 months old. The equipment and inventory included in the sale comprise a substantial $15,000 sandwich display unit, a $12,000 large donut display cooler, three $4,000 large beverage coolers, a $4,000 under-counter cooler, and $10,000 worth of shelving and slat walls. The store operates solely on weekdays, making it easily manageable by a single owner-operator. Furthermore, the owner is willing to transfer the store, equipment, and inventory with no outstanding debts – everything is owned outright. The business already has a functional POS system in place. The at-cost of inventory is sold separately (approx 15k). Contact listing broker Brian Bernstein ASAP. 929-969-0007.

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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.