(LEE) cty Convenience store lottery

Lowell, MA (Middlesex County)

Seller Financing Available
(LEE) cty Convenience store lottery
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Asking Price: $59,000

Cash Flow: $50,000

Gross Revenue: $290,000

EBITDA: N/A

FF&E: $75,000

Inventory: $20,000*

Rent: $2,166.67 /Month

Established: N/A

*not included in asking price.

(LEE) cty Convenience store lottery

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Business Description

This is a convenience store that should be operated as a family business. The store is approximately 1300 sf with cellar

The convenience store features lottery, cigarettes, ATM, printing, scanning, copying. and take out food.

Lots of potential,l the city of Lowell is giving grant money to various business to improve there store appearance. There is plenty of room to increase business. They are currently serving . breakfast, lunch and dinner. They specialized in a chicken menu. great tasting fried chicken and side dishes.

Located in a good neighborhood with the new courthouse , apartment complex, The new employer who is in healthcare industry.

The Seller is motivated to sell. He can not spend enough time to oversee this business.. The seller work full time and has hire all employee to operate the business..

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
There is great opportunity to do delivery to the various nearby business and residents in the neighborhood.
Financing:
some financing is available to qualified buyer
Support & Training:
The owner designate employee will train the new buyer iin management of the business.
Reason for Selling:
Owners have full time jobs
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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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