Convenience Store and Deli near Harvard University

Sale Pending

Asking Price$700,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,060,000

Inventory$40,000
Not included in asking price
FF&E$80,000
Included in asking price
Convenience store and deliSave

Convenience Store and Deli near Harvard University


Sale Pending

Asking Price$700,000

Cash Flow
$180,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,060,000

Inventory$40,000
Not included in asking price
FF&E$80,000
Included in asking price
Business Description
This convenience store, deli and mini-grocery store is located in a superb spot on a very busy street in Cambridge very near Harvard University. It has been open since the 1970s and is extremely well known to just about everyone in the area. The store has a superb reputation for its convenient location and available street parking and friendly and helpful service and their sales volume proves it. The store also has a busy lottery ticket business with $22,044 profit on the 2023 tax return.

We have so much more information about this business that we want to share with you including a full summary and revenue expense breakdown. But this is a very confidential listing. So, in order to share the details with you we will need you to fill out the "Contact the Seller" area on this page and provide the requested information. You will be asked to sign a non-disclosure agreement.



Montrose Spa has developed a great reputation for maintaining a pleasant and convenient sales environment. Walk into the store and you will see a very busy and vital retail business that serves the area’s residents.

The store also has a busy lottery ticket business with $22,044 profit on the 2023 tax return.
About the Business
Years in Operation
55
Number of Employees
4
Facilities & Assets
800 SF on VERY busy street. Thousands of nearby residents/students can walk to the store. Newly updated in 2017 with modern open cooler shelves.
Website
http://www.goodmanonline.com
Market Outlook / Competition
Great location = great business.
Opportunities for Growth
Add 3rd party delivery options. Busy students and local residents will want groceries and sandwiches delivered! Great way to add more revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
800
Rent
$3,475.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train the buyer and be available for future support needed.
Listing Info
ID
2323814
Listing Views
2834

Contact Seller

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Business Listed by: Peter Goodman Goodman And Company Business Brokers

Listing ID: 2323814 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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