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#Business ID: 18341

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Convenience Store In Cambridge

Business Location: Cambridge, Middlesex, Massachusetts, United States

Asking Price: $ 99,000 Revenue: $ 350,000 Cash Flow: not disclosed

Business Summary

Financials
Asking: $99,000
NOT Included in the Asking Price:
Inventory: $15,000

Gross: $350,000
Cash Flow: Not Disclosed

Summary Description
This is a convenience store between Inman Square and Kendall Sq..Many apartments and condos. This store needs a little face lift. The volume of the store is over $7000/week the space is only approximately 1200 s.f. with a basement The hours open are 8am-10pm Monday-Saturday, 8am-9pm Sunday. Gross sales $350,000 , rent $2513, electric $400, insurance $60, phone $65 ,c.c. $100. water $15 rubblish $125. payroll is determine by new owner's hours and will vary. Cash flow or net is before any payroll. 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warrant, guarantee or make any representations about the same and they are subject to errors, omissions, changes or withdrawn from the market.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.

General Information
Employees: 2

Market Outlook
Competition: Neighborhood market many apartments and condos in area.

About the Sale
Financing: None
Reason Selling: Relocation

Property Details

Property Type:

Lease

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