New England Restaurant Brokers
Phone: 617-721-9655
Convenience Stores For Sale in Massachusetts
  • Convenience Stores For Sale in Massachusetts

4 Income Streams -One Great Bldg

  • Listing Id: 3935
  • Broker Name: Dennis Serpone
  • Category: Convenience Stores
  • Asking Price: $2,750,000.00
  • EBITDA: $250,000.00
  • Real Estate: $530,000.00
  • Cash Flow: $500,000.00
  • Inventory: $75,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $2,000,000.00
  • FF&E: $10,200.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Boston
  • State: MA
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

RESTAURANT, CONVEN STORE, 10 OFFICES, AND VALUABLE REAL ESTATE IN THE GREATER BOSTON AREA
LOCATION: Prominent south of downtown Boston Irish area.
SELLING PRICE: $2.75M DOWN PAYMENT: Some seller financing available for a credit-worthy buyer. SBA financing readily available.
SALES VOLUME: Restaurant...$20K-$25K/wk Office rentals...$4,000/mo Convenience Store...$20K/wk Annual Lottery commissions...$100K
SQUARE FOOTAGE: Footprint of approximately 5,000 sf per floor (4 flrs)
SEATING: Approx. 120 seats
COMMENTS: FOUR sources of income...ONE very reasonable price. Municipal parking across the street. Same owner for over 30 years...this is a landmark location and a frequent hang out for politicians, celebrities, and us regular folk. This is a rare opportunity to buy successful businesses WITH REAL ESTATE. Sell off the convenience store, run the restaurant(or vice versa)...this is so much a cash cow.EXTREMELY CONFIDENTIAL. To be shown by Dennis ONLY. 617-721-9655

Financial Summary

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