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Under Agreement - Ipswich MA Convenience Store

Ipswich, Massachusetts (Essex County)

Retail - Convenience Stores | Retail - Liquor Stores

Asking Price $399,000 Inventory $15,000** 
Gross Income $939,000 Real Estate Included* 
Cash Flow $65,257 Year Established N/A
FF&E N/A Employees 4

* included in the asking price

** not included in the asking price

CURRENTLY UNDER AGREEMENT - NO FURTHER SHOWINGS. Established Ipswich Massachusetts variety store with deli, beer & wine, and lottery. Deli/kitchen area recently renovated & expended with granite countertops. Price includes real estate which consists of a 1200+ sq ft building and 1/4 acre lot. It may be possible to sub-divide the lot, build a residential building, or expand the store with town approval/variance/permits. Located just off downtown Ipswich Massachusetts. Gross Sales include Lottery. PLEASE DO NOT GO IN THE STORE WITHOUT THE LISTING BROKER!

Facilities: All real estate and business furniture/fixtures included in the sale. Subject to transfer of alcohol & lottery licenses. Inventory is additional. (Approx $15K)

Competition: Only variety store in the neighborhood.

Growth/Expansion: Possible building expansion. Currently not open Sundays or evenings.

Reason Selling: Owner has other employment opportunity.

Business For Sale By

Jim Armstrong

978-394-6736

Armstrong Field Inc

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