Asking Price: $99,000 Gross Revenue: $275,000Cash Flow: $45,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Well established Convenience store business running successfully with regular customers. Great corner location in a dense neighborhood /shopping area of East Somerville. Busy foot traffic with new developments nearby. Selling Grocery with cigarettes, Lottery, Drinks etc. Has EBT and ATM. Affordable rent and lease term. Lottery commission approx. $35,000/year plus ATM commission. Growth potential business by adding more features and extending operation hrs. Seller is in his retirement age so wants to sell business. Willing to motivate serious buyer. An opportunity to be your own boss!
Yearly gross sale: $275,000. Approx. (does not includes lottery sale)
Lottery Commission: $35,000/year approx.
ATM; $250/month approx.
Rent: $1900/month flat
For more information, call Wasim at 617-599-8185
Information regarding business for sale is provided by seller and other sources is not verified in any way by Green Star Realty or its sales person, 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.
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
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