Neighborhood Convenience Store In Busy Location
Not Disclosed, MA Bristol County
Seller's Contact Information
- RE: Neighborhood Convenience Store In Busy Location
- Contact: Jeff Larrabee
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 |
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Asking Price: $125,000Country Store with Gas in South Boston, VA
Incredible Opportunity!Country Store with $55,000 Average Inside Sales and 12,000 Average Gallons of Gas per Month.New pumps ! 2 UST / 2 AST. Rent $5,000/month.$1.5M in Sales, Asking $125,000. Don't miss out!
