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(Lee) Convenience, w/ lottery & cash checking (?)

Worcester Area, Massachusetts (Worcester County)

Retail - Convenience Stores

Asking Price $119,000 Inventory $30,000** 
Gross Income $175,000 Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E $40,000* Employees 3

* included in the asking price

** not included in the asking price

Estimated gross sales $$175,000 + lottery $18,000+ Western Union and bill payment $5,700 (excluding cash checking) Operating expenses: Cost of goods $113,500,part-time payroll $10,000, rent $16,800,electric,gas,water $13,200 ,insurance $2,625,telephone 41,920, rubish $720, pest control $444, Equipment 1 vegable cooler, 1 3door refrigertor, 1 3 door freezer, 2 2 door refrigerator , 1 walk in cooler, 1 meat slcier, 1 pizza oven, 1 scale, 1 ice maker, 1 3compartment s.s. sink, 1 grease trap,2 cash register, 1 installed wall air onditioning unit, Exterior signes, conter, surveillance cameras w/ monitor, 1 vcr, fax machine, microwaves oven, 1 oven, 2 telephones 2 chairs, 1 table,1 deep fryolater, various shelves and racks for merchandise. This store after getting back the cash checking service will make this store highly profitable. This information was obtained from the seller. The broker does not certify, warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market. The broker represents the seller in this transaction. The buyer must use due diligence to verify this information. This is SALES PURPOSE ONLY.

Facilities: Convenience Store with lottery. At one time they were doing Cash Checking business with Western Union. They currently are not doing cash check ing serice. You would have to apply.Food stamps and WIC prpgram are available. Store hours are short as compare to others. Hours open 8am-8pm m- sat. Sunday closed.

Competition: Ther is no one in the immediate area, They use to do a huge cash checking business.

Growth/Expansion: They use to casharound $200,000 a month making between $4-5000 month profit. until the divison of banking made them stop They can not do this until they pay the fine.

Financing: None

Support/Training: Will train new buyer

Reason Selling: Need to raise a family

Business For Sale By

Ming Dong

7812975679/cell5089622589

Lee Brokers

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