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 rte...in 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
Comments:
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 run...no pizza...Several Profit streams needing no additional staff...ice 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 1930..family 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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