This profitable convenience store, acquired by the current owner in 2023, offers a seamless turnkey opportunity in a lucrative, high-traffic neighborhood. The business boasts a proven track record of strong performance and steady customer volume, further enhanced by a recent $30,000 renovation that modernized the space.The sale includes all existing inventory, allowing a new owner-operator to step in and generate revenue from day one. While the store currently operates under a secure 5-year lease with a 5-year renewal option, the landlord is open to discussing even longer lease terms for an interested buyer. The current owner is selling to focus on consolidating his other ventures, making this an exceptional, fully updated asset in a prime location.
186 Heath St, Boston, (Jamaica Plain), MA, 02130
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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