Neighborhood Convenience Store in Busy Location

Not Disclosed, MA
Bristol County

Asking Price: Annual Revenue:
$89,900 $20,000

Food & Beverage: Convenience Stores

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RE: Neighborhood Convenience Store in Busy Location Broker: Jeff Larrabee
Owner Financing is Available!

Quick Facts

Asking Price: $89,900
Annual Revenue: $20,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 1
BBN Listing #: 695962860
Broker Reference #: 12821-224877

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Business Overview:

Have you been looking for a convenience retail store business in a downtown neighborhood location? This 1,025 sqft storefront is situated on a busy corner lot and comes with an attractive vintage brick and glass facade. It is currently operating as a convenience store but could easily be converted to another type of retail use. The storefront rent is $900 per month and includes electric.

Established a year ago by an owner who has other business interests, this store generated $20,000 in sales due to inconsistent hours of operation and periodic management by the owner and one part-time employee. This turnkey business is being sold for all of its assets including approximately $15k in equipment, coolers, retail shelving and fit-up costs. In addition, an estimated $15,000 in inventory,
household supplies, candy, batteries, and groceries are included. Owner will provide buyer financing and short term training with a large down payment.

This business has only been in existence for one year and the space
formerly had a different retail use.

There are other competitors in the area but the corner lot location of this store provides an advantage over many of them.

This business offers the buyer many options for revenue expansion and growth. Although there is no tobacco license available for this store, the seller suggests adding a lottery license (which has been applied for), a perishable food license, hair care products and Western Union services to bolster revenue. In addition, setting consistent store hours would greatly increase foot traffic and profitability.

A mixed-use commercial building in downtown area with several retail storefronts on the ground level and residential units above. The storefront features a glass and brick façade.

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Reason for Selling:

Other business interests.

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.

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