Many Years Of Business Still Going Strong
Business Description
Established convenience store delivering consistent profitability for many years in Norfolk County, Massachusetts. This thriving business offers proven revenue streams, exceptional lottery performance, and substantial growth opportunities.
Financial Highlights:
• Asking Price: $260,000
• Monthly Lease: $3,100 (expires February 2031)
• Lottery Commissions: Just about or over $100,000+ annually for past 7 consecutive years
• Price-to-earnings ratio favorable to industry benchmarks
Business Strengths:
• Great location in Norfolk County ensuring steady customer flow
• Established customer base with strong loyalty and repeat business
• Diversified revenue streams including lottery, convenience items, beverages, and snacks
• Proven operational track record spanning many years
• Long-term lease providing stability through 2031
Revenue Performance:
The business demonstrates remarkable consistency with lottery commission revenues exceeding $100,000 annually for seven straight years. This exceptional performance indicates strong customer engagement and effective lottery program management, providing a solid foundation for continued success.
Operational Advantages:
• Prime location with excellent visibility and foot traffic
• Established vendor relationships and supply chain management
• Turnkey operation requiring minimal transition time
• Proven business systems and operational procedures
• Strong community presence and customer relationships
Growth Potential:
• SNAP/EBT authorization opportunity to significantly increase grocery, snack, and beverage sales
• Expansion of product offerings to capture additional market segments
• Enhanced marketing strategies to maximize lottery sales potential
• Opportunity to introduce new revenue-generating services
Reason for Sale:
Owner is relocating internationally, creating an excellent opportunity for qualified buyers to acquire this profitable, well-established business.
This convenience store represents an exceptional investment opportunity combining proven financial performance, prime location, and clear expansion pathways. The consistent lottery revenue provides stable cash flow while SNAP authorization offers immediate growth potential.
Financial Highlights:
• Asking Price: $260,000
• Monthly Lease: $3,100 (expires February 2031)
• Lottery Commissions: Just about or over $100,000+ annually for past 7 consecutive years
• Price-to-earnings ratio favorable to industry benchmarks
Business Strengths:
• Great location in Norfolk County ensuring steady customer flow
• Established customer base with strong loyalty and repeat business
• Diversified revenue streams including lottery, convenience items, beverages, and snacks
• Proven operational track record spanning many years
• Long-term lease providing stability through 2031
Revenue Performance:
The business demonstrates remarkable consistency with lottery commission revenues exceeding $100,000 annually for seven straight years. This exceptional performance indicates strong customer engagement and effective lottery program management, providing a solid foundation for continued success.
Operational Advantages:
• Prime location with excellent visibility and foot traffic
• Established vendor relationships and supply chain management
• Turnkey operation requiring minimal transition time
• Proven business systems and operational procedures
• Strong community presence and customer relationships
Growth Potential:
• SNAP/EBT authorization opportunity to significantly increase grocery, snack, and beverage sales
• Expansion of product offerings to capture additional market segments
• Enhanced marketing strategies to maximize lottery sales potential
• Opportunity to introduce new revenue-generating services
Reason for Sale:
Owner is relocating internationally, creating an excellent opportunity for qualified buyers to acquire this profitable, well-established business.
This convenience store represents an exceptional investment opportunity combining proven financial performance, prime location, and clear expansion pathways. The consistent lottery revenue provides stable cash flow while SNAP authorization offers immediate growth potential.
About the Business
- Opportunities for Growth
- Can get Food stamp which will increase grocerry, snack, and drinks sales.
For Past 7 years lottery commission has been near or above 100K +.
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,100.00 per month
- Lease Expiration
- 2/28/2031
About the Sale
- Seller Motivation
- Moving out of country.
Listing Info
- ID
- 2520533
- Listing Views
- 13
Listing ID: 2520533 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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