Business for Sale Overview:
Stand-alone convenience store operation on a very busy street in Worcester. Lottery of $53.000 profit per year. The store has its own parking lot that can hold up to 8 cars. This shop sells all popular convenience and grocery items. Sales average approximately $400,000 per year, with weekly sales averaging $7,800. The store's excellent location makes it a great business year round. The store sells lottery, tobacco and standard convenience and grocery items and the profit margins are quite high. Tobacco products such as cigars earn a 50% gross margin and cigarettes earn 20%. Most beverages enjoy a 50% gross margin. The store hours of operation are Monday through Saturday 7:00am until 8:30PM and Sunday from 8:00am to 5:00pm. The business has been at this location for many years. The current owner has been running it for 2+ years but needs to sell because his other business interests are not in the Worcester area. Rent is only $2,600 per month and includes all property taxes.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Stand alone building on very busy city street with parking lot and street parking.
Market Competition and Expansion:
Excellent area with lots of potential to expand the sales volume.
Reason for Selling:
Logistical - Owner has other businesses in Boston
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.