Convenience Store with Strong Lottery Sales

Convenience Store with Strong Lottery Sales

Location:Bristol County, MA
Your Reference ID: 19938

FINANCIAL INFORMATION

Asking: $100,000
Gross: $230,053
Cash Flow: $61,071
Furniture, Fixtures & Equipment: $25,000 (Included in Price)
Inventory: $20,000 (Not Included in Price)
Real Estate: N/A

SUMMARY DESCRIPTION

This well-established convenience store is in a prime location that draws a steady flow of foot traffic. The store generates strong lottery sales being one of the top 3 lottery selling agents in the town, providing a reliable revenue stream. The business was established over 30 years ago. The store was completely rebuilt in 2018 including brand new fixtures and equipment such as 8-door walk in cooler, shelving and cash wrap with glass displays.

Currently managed semi-absentee, the business offers growth potential for a hands-on owner to enhance the operation and further increase revenues. This is a great opportunity to tap into an existing customer base while exploring new growth avenues.

FACILITIES

The store occupies a space of approx. 1100-1200 SF featuring a well-organized retail space with a variety of items including snacks, beverages, groceries, personal care products, and other convenience items.

The checkout area is fully equipped with a point-of-sale system, scratch-off ticket displays, tobacco products, and displays for impulse purchase. An ATM is available on-site for customer convenience, and the store is outfitted with an 8-door walk-in cooler and freezer for cold drinks, dairy products, and ice cream.

There is also a backroom storage area for inventory and supplies, which aids in keeping shelves stocked and organized.

GROWTH/OPPORTUNITY

• Increase marketing efforts to attract more customers.
• Expand inventory to include specialty items, pre-packaged foods/meals, gourmet coffee, specialty beverages, or local products.
• Add additional services such as bill payment, money transfers, or package pick-up/drop off to generate additional revenue streams.

Training & Support:

As needed for a smooth transition.


Reason Selling: 

Other interests.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Justin Grolley, MBA, CBI, M&AMI, CMEA

Justin Grolley, MBA, CBI, M&AMI, CMEA