(LEE)Convenience lottery commission $67,000. North Shore

Beverly, MA (Essex County)

(LEE)Convenience lottery commission $67,000. North Shore
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Asking Price: $225,000

Cash Flow: $120,000

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $75,000

Inventory: $30,000*

Rent: $1,700 /Month

Established: 2000

*not included in asking price.

(LEE)Convenience lottery commission $67,000. North Shore

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Business Description

This convenience store located on the North Shore is in a shopping plaza with a Dunkin , Ample parking ,no deli, The lottery commission is $67,000. ATM $2,500. The size of the store approximate 1,500 s. f. 7 day operation hours are 6:0am to 9:00pm and summer is to 10:00pm. The owner has operated this store for 10 years. The husband and wife run the store.. The rent is $1,250 and cam a month is $400. The lease is for 1 additional year with 2 five year op;tions making the lease to expire in 2029

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
11/30/2029
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Will train new Buyer in the daily operation
Reason for Selling:
The owners intend to retire.
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(from currently available funds)
 
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Ming Dong

Business Listed By:
Ming Dong

Lee Brokers

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