Business Overview:
Recently started by owner, only a few months in operation. Currently providing the usual convenience store products: i.e. newspapers, coffee, drinks, cigarettes, soda, household products, etc. Owner had expected a working/investment partner to join him, but the partner on late noticed pulled out. This location has a lot of up side potential, with the busy summer season approaching, rather large influx of summer tourist. Some significant additions shortly: CT. Lottery products expected sometime in April, and the current owner is awaiting final approval of a grocery/beer permit. The new owner would have to reapply for grocery /beer permit but should not be a issue. The addition of lottery products, beer, plus investment in general inventory should dramatically increase revenues. Sales volume and inventory values are approximate.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
20 year lease effective starting 9/01/2009, starting at $1,600 per month, with a 2.5% increase each anniversary date.
Reason for Selling:
Working partner pulled out early
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.