Convenience Store w/Beer & Wine/Keno-Price Reduced

BOSTON, Massachusetts

Asking Price $199,000 Year Established 1996
Annual Revenue $500,000 Reason for Selling Other interests.  
Annual P/L Attention Ming Dong
Annual Cash Flow Listing Number 467913  
# of Employees 3 Business Category Food & Beverage: Convenience Stores

Business Overview:

This Convenience store has a Keno screen with beer and wine located in a busy neighborhood of Boston.
This store has been operating for over 40 years.
The hours are from 7:00 am to 9:00 pm, seven days.

The inside sales is $520,000 per year; lottery commission is $70,000 and ATM is $10,000.

This store has a small deli.
There is parking on the premises.

Note: cash flow does not include payroll. The payroll is determined by how many hours the owner wants to work.

Property Features and Assets:

The size of the store is approximately 1,500 sq. feet with a basement the same square footage. This store has a small deli. There is parking on the premises.

Market Competition and Expansion:

Competition does exit. especially in well dense neighborhood areas. This store is different because of a deli. Expansion of the deli can increase sales. Giving you a better profit margin overall.

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

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