Country Market And C-Store / 2 Locations
Location:
United States
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Massachusetts
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Southeast
Industry: Retail > Convenience Stores Retail
Business Summary
Popular Country Market For Sale Featuring Prepared Foods, Butcher Shop, Deli, Seafood, Produce & Grocery - This 70 year old country market is located on a main coastal route of a Southeast MA town and has a great reputation for high quality prepared foods, freshly cut meats, a full deli department, fresh seafood and clam boils, baked goods, grocery and a friendly atmosphere. The sales mix is approximately 40% prepared foods, 30% grocery, 15% meat, and 15% deli. Sales were approximately $830K in 2006 and $900K in 2007.
The 3,038 SF one-story building was constructed in 1955 and completely rebuilt in 2004. The market is located on .24 acres and includes a .49 acre adjacent lot behind the building, zoned commercial and buildable for expansion purposes. There are 15 - 20 parking spaces.
Busy Convenience Store with Deli, Beer and Wine, and Lottery - This 2,000 SF convenience store was established in 1989 and features a deli, beer and wine, lottery, sandwiches, hot prepared foods, clam boils, coffee bar, groceries, and cigarettes. The store has 5 double sided isles. Sales were approximately $500,000 in 2007. Lottery commission was $25,000 in 2007. There are 10 - 15 parking spaces. The store was built in 1975 and is located on .17 acres. Equipment includes a 12 foot deli case, 16 door rear load cooler, 5 door back load freezer, ice cream case, coffee machine, and more.
This offering includes two independent branded family run stores. A country market with real estate and a convenience store with real estate located approximately two miles apart.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,434,973
Cash Flow:
$100,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $160,000
Seller Financing: No
About The Business
Year Established: 1989
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: A two week transition will be provided.
Reason For Selling: The owner is selling for health reasons.
Click on the "I'm Interested" button above for more information on this Retail > Convenience Stores Retail business for sale.
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Print Listing Id: 70090306
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