Profitable business with good potential tomgrow
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 + inventory
• 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
• 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.
Operational Advantages:
• Prime location with excellent visibility and foot traffic
• Turnkey operation requiring minimal transition time
• 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
Reason for Sale:
Owner is relocating internationally, creating an excellent opportunity for qualified buyers to acquire this profitable, well-established business.
Financial Highlights:
• Asking Price: $260,000 + inventory
• 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
• 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.
Operational Advantages:
• Prime location with excellent visibility and foot traffic
• Turnkey operation requiring minimal transition time
• 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
Reason for Sale:
Owner is relocating internationally, creating an excellent opportunity for qualified buyers to acquire this profitable, well-established business.
About the Business
- Facilities & Assets
- Large humifier for cigars (Cigars sale does good sale with good prodit)
2- 3 door coolers
2 ice cream feeezers
Slush pully machine ( selling well in season)
Renovated hardwood floor - 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 +.
Space to add more coolers to expand drinks or freezer to add in freezer items.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $3,100 per month
- Lease Expiration
- 2/28/2031
About the Sale
- Seller Motivation
- Moving out of country.
- Transition Support
- Can give couple of weeks training.
Listing Info
- ID
- 2520533
- Listing Views
- 246
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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