Listing ID: 84053
Business Overview
Longtime established business available for sale in a busy Office Park. Offering Grocery, Cigarettes, Food , Drinks etc. Has Lottery and ATM. Well organized approx.1960 sq.ft. business area, Seller operates during office hrs. M-F from 9 am to 3 pm. Ideal to run by self. Asking price includes inventory. Be your own boss with small investment! Do not miss it!
Business information:
Gross sale average:250K/year approx.
Lottery Commission: 12K approx.
ATM commission:6500/yr approx.
Rent:3900/month
Electric:1000/month approx.
Note: Possible to buy two stores ( package deal) at asking price of 120K
For more information call Wasim at 617-599-8185
www.GreenStarRealty,Biz
Information regarding business for sale is provided by seller and other
sources is not verified in any way by Green Star Realty or it’s salesperson,
and has no knowledge of accuracy of said information and makes no
warranty, express or implied, as to the accuracy of such information Buyer to
do his own due diligence
Financial
- Asking Price: $60,000
- Cash Flow: N/A
- Gross Revenue: $250,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
200+parking
Health
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell businesses. Nonetheless, the true factor vs the one they tell you may be 2 entirely different things. As an example, they might state "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competition, recent decrease in profits, or a variety of various other reasons. This is why it is very vital that you not rely totally on a seller's word, but rather, use the vendor's response in conjunction with your general due diligence. This will paint a more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies take out loans in order to cover points like supplies, payroll, accounts payable, etc. Remember that occasionally this can suggest that earnings margins are too thin. Lots of organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be met or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location draw in new consumers? Many times, operating businesses have repeat clients, which create the core of their everyday revenues. Specific factors such as brand-new competitors growing up around the area, road building and construction, and also personnel turnover can influence repeat consumers and also negatively impact future profits. One important point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the better the opportunity to build a returning consumer base. A last thought is the basic area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional median household income influence future revenue prospects?
