Convenience Store With Inventory Included Boston Massachusetts For Sale

Description

This convenience store is approximately one thousand two hundred sixty square feet and operates from 7 AM to 11 PM, seven days a week. Monthly sales are over fourteen thousand dollars in store revenue, with additional income from lottery commissions and ATM surcharge fees on top of sales. Monthly rent is two thousand three hundred fifty dollars plus approximately one hundred fifty dollars in taxes, with water included in the rent. Inventory of approximately fifty thousand dollars is included at the asking price. The ideal buyer is an owner operator seeking a turnkey income producing business.The location is steps from a train station and directly adjacent to a bus stop, placing it on one of Boston's most active transit corridors and generating a built in recurring customer base of commuters, residents, and local workers that no off transit competitor can replicate. The area features a dense residential neighborhood, commercial corridor, and nearby local offices, schools, and services.Revenue streams include in store sales of beverages, snacks, tobacco, and general convenience items at over fourteen thousand dollars per month, Massachusetts Lottery commissions as independent income on top of store sales, and ATM surcharge income as passive daily revenue from the on site machine. Monthly operating expenses include rent of two thousand three hundred fifty dollars, taxes estimated at one hundred fifty dollars, electricity at approximately six hundred twenty five dollars, water included in rent, and internet and point of sale costs to be confirmed. Total known expenses are approximately three thousand one hundred twenty five dollars per month or more, with insurance and any remaining costs to be confirmed during due diligence.Included in the sale is approximately fifty thousand dollars in fully stocked inventory, a point of sale system installed and operational, an ATM machine active and generating income, a Massachusetts Lottery terminal licensed, all fixtures, shelving, refrigeration, and display units, and an established daily customer base. Growth opportunities include hands on ownership typically driving a twenty to thirty percent revenue increase through service and loss reduction, adding hot foods, coffee, or fresh items to capture morning commuter spending, considering twenty four hour operation as the transit hub is underserved overnight, expanding lottery terminal volume to maximize commissions, renegotiating the ATM contract or adding a second unit, offering community services such as bill pay, money transfers, and local delivery partnerships, and using social media to promote specials and lottery jackpots. A signed confidentiality agreement is required for the exact location.