Business for Sale
(lee) beer/wine convenience with real estate
Businesses for Sale in Massachusetts, Convenience Stores for sale
Business Id : BSM457
Location : Massachusetts > Bristol >
Category : Convenience Stores >
Website Link : N/A
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| Summary : |
| Summary Description This is a 3000 s.f. store located in Southeast MA. with convenience, lottery and beer/wine. utilites bill payment center..This store was established over 20 years present owner has it for 3 years. Hours are 6am-10pm M-Sat. ,6am-9pm Sun. Gross income $700,000 cost of good sold 75%=$525,000 Net before operating expenses. $175,000 + lottery commission of $62,000 + utility bill payment $14,000= $251,000 -Operating expense.$48,000 includes real estate tax., water $600,electric $15,000, gas $2,500,phone 2lines $1000, insurance$2500 includes property.$69,600+ $181,000 before payroll. (111hrs x $9.00 = $52,000 nets absentee owner $130,000 x 2.75 business price $357,000 only. with real estate $418,000 This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY. |
| Business Competition : |
| Available upon Request. |
| Business Expansion : |
| Available upon Request. |
| Reasons for Selling : |
| owner owns liquor store i North of Boston, difficult to handle both stores. |
Uploaded Documents:
Available upon Request.
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