Convenience with Property, Beer & Wine
Location: Massachusetts > Worcester County > Fitchburg area
Industry: Food and Beverage > Grocery and Supermarkets
Financials
Asking Price: $1,199,999
Gross Revenue: $1,240,000
Gross Revenue Comments: Without the lottery
Cash Flow: $281,705
Cash Flow Comments: With a working owner
Inventory: $125,000 (Not Included in Asking Price)
FF&E: $150,000 (Included in Asking Price)
Real Estate: $450,000 (Included in Asking Price)
Business Summary
They sell convenience items, beer, wine and lottery. The profit is very high because they also sell pizza, fried chicken and salads. There are long term employees who handle this. The lottery commission is up $1,800 a week in 2008. The seller is relocating and is motivated.
About the Business
Year Established: 1935
Employees: 4 full time - 3 part time
Facilities: The lot is .4 acre. The store is over 4,000 square feet with a full basement. Parking for 20 cars. Store was remodelled last September.
Market Outlook and Competition: Plenty of competition, but this is the largest store in the area.
About the Sale
Management Training and Support: Whatever is needed
Reason For Selling: Seller is relocating.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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