Deli and C-Store in Hudson County - 28863

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Asking Price:
$110,000

Gross Revenue:
$375,000
Cash Flow:
$90,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$35,000
not included in asking price

FF&E:
$30,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in Hudson County, New Jersey, this convenience store enjoys a spacious corner location, initially offering groceries and convenience food items to a densely-populated residential community. In addition, it has now become one of the top agents for global cash money transfer, and has developed an alliance with one of the top shipping services for domestic and international packages. These two much-needed services provide customers with a high-quality experience, unlike your average convenience store. The business can grow dramatically in either food services or financial services (or both). The owner works the store almost entirely alone. It is open well short of any hours that are customary for a convenience food store. The owner offers no breakfast or sandwich business, although there is a market for it. Indeed, the owner opens after the morning coffee and breakfast rush, even though bus routes stop each morning at the front of the store. Also, her snack food and drink products (soda, tea, energy, juice) are almost non-existent. The seller's financial service business can be also expanded to fill additional voids in the area, simply by adding like services. However, after 24 years, the owner is ready to retire from his profitable business and leave this addition and direction of growth to a new buyer. Please contact the broker for further information.

About the Business

Location:
Hudson County, New Jersey
Number of Employees:
1/2
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About the Sale

Reason For Selling:
Retiring

Listing Info

ID:
1608012
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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