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High Margin C-Store in Affluent Boston Area

A high-volume convenience store in an affluent area in the greater Boston area is available for sale. Established 50 years ago, this business is well-known in the area. This market benefits from the fact that local residents have to walk down and up a steep hill to shop at the local grocery store. Monthly sales are averaging $60,000 and the store is on track to gross over $700,000 in sales this year at a gross profit around 45% or more. The estimated cash flow for the working owner is approximately $180,000.

This store generates its revenue from sales of cigarettes, groceries, prepared foods, and lottery. It also owns the ATM on site. The store is open from 7am to 11pm every day.

The location has approximately 1,600 square feet plus 900 square feet in the basement. It is located in a residential neighborhood and there is no off-street parking. Most of the customers are working professionals and students living nearby. The location has a walk-in cooler and freezer. There is also an ATM machine on site that accounts for approximately $650 of additional revenue per month.