No. Shore-C-store-Sandwich Shop-B&W.-ATM; real est

Andover, MA
Essex County

North Shore-Corner Lot-Busy traffic.

Asking Price: Annual Revenue:
$1,500,000 $800,000

Food & Beverage: Convenience Stores

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RE: No. Shore-C-store-Sandwich Shop-B&W.-ATM; real est Broker: Bob Cioffi
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $800,000
Net Profit: $350,000
Cash Flow: $350,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,500,000
Year Established: 1930
Employees: 5
BBN Listing #: 987019596
Broker Reference #: BC116

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Business Overview:

North Shore-Sandwich-Beer & Wine Package Store-Convenience & 15 year ATM
LOCATION: Heavily traveled the midst of numerous office parks, and apartments.
SELLING PRICE: $1.5 Million with Real Estate...Down Payment: Negotiable & Creative
SALES VOLUME: 2018: $680,000 / 9 months 2019 = $540,000 + ATM contract...The numbers will stagger you. This is only suited for a person or group, with great credit, huge collateral and substantial cash to put down.
RARE opportunity to own the real estate
COUNTRY STYLE STORE, Sandwiches, fries, ice cream, cigarettes, coffee bar, beer & wine, take-out and active ATM machine.
Add Lottery and increase bottom line $75,000 to $100,000...customers really want lottery here!

Over the next 15 years...The ATM will pay $606,000 in rent...WOW!
Easy to pizza...Several Profit streams needing no additional machine, ATM., beer & wine// only need cashier and sandwich makers.....owner works very part time.

BUSINESS NETS OVER $325,000/year....This is truley a CASH COW!
Contact Bob or use email reply button of this ad to contact us ----Nothing like this around!

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Property Features and Assets:

Free standing on almost an acre of Land. Excellent condition, inside and out. Complete convenience set up, sandwich area to compliment the coffee set up.

Market Competition and Expansion:

Absolutely unique, nothing like this around..been in business since owned.

Reason for Selling:

Owner has family interests.

Additional Details:

  • The property is owned.
  • The owner is not 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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