Hot Listing

Convenience/Lottery Store

Sale Pending

Asking Price$285,000

Cash Flow
$141,740
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$292,600

Inventory$25,000
Not included in asking price
FF&E$25,000
Included in asking price
Real EstateNot Disclosed

listing imageSave
Hot Listing

Convenience/Lottery Store


Sale Pending

Asking Price$285,000

Cash Flow
$141,740
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$292,600

Inventory$25,000
Not included in asking price
FF&E$25,000
Included in asking price
Real EstateNot Disclosed

Business Description
Established profitable with loyal clients, large lottery sales, top area, bus stops by store, plenty of parking. Sells cards, cigarettes, sodas, newspaper, convenient items etc. Potential to grow add ice machine, sell ice cream, sell eggs, bread, coffee, tea, pastries, cold cut sandwiches, additional stationery items, extend operating hours. Other income is $ 75,000 from Lottery and $ 1,800 from ATM
About the Business
Years in Operation
19
Employees
1
Facilities & Assets
900sq ft with basement, plenty parking, small mall, very good area, bus stops by door, near Walgreens, equipment in good condition, lease 5 years plus option 5 years.
Market Outlook / Competition
none around the area.
Opportunities for Growth
Can add ice machine, add ice cream service, add stationery items, magazines, serve coffee & tea, pastries for breakfast, cold cut sandwiches for lunch and extend store operating hours
About the Sale
Transition Support
will provide 2-3 weeks training
Financing Options
Will provide financing for $50,000 for 2 years @ 6% interest rate.
Listing Info
ID
2281461
Listing Views
3388

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Solomon Sasson Executive Business Brokers

Listing ID: 2281461 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
A sophisticated Korean Restaurant
$1,000,000A sophisticated Korean RestaurantBergen County, NJ
Expedia Cruises
$150,000Expedia CruisesFeatured Franchise
Hi Margin Convenience Store
$360,000Hi Margin Convenience StoreBergen County, NJ
Anchor Bar
$350,000Anchor BarFeatured Franchise
Liquor License in Fort Lee
$550,000Liquor License in Fort LeeBergen County, NJ
Christian Brothers Automotive
$85,000Christian Brothers AutomotiveFeatured Franchise
Pet Care Business For Sale in NJ
$550,000Pet Care Business For Sale in NJBergen County, NJ
A sophisticated Korean Restaurant
$1,000,000A sophisticated Korean RestaurantBergen County, NJ
Expedia Cruises
$150,000Expedia CruisesFeatured Franchise
Hi Margin Convenience Store
$360,000Hi Margin Convenience StoreBergen County, NJ
Anchor Bar
$350,000Anchor BarFeatured Franchise