Prime Location Convenience Store for Sale in Somerset County, NJ

Asking Price$139,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Prime Location Convenience Store for Sale in Somerset County, NJ


Asking Price$139,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$40,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
( Profitable main street business with growth potential!)
Long established Convenience Store is located on a busy street within Somerset, NJ. This location has been in the business for more than 2 decades and sells complete range of convenience and groceries items.The average daily sale is $900 to $1000, i,e $ 400,000 per year, additional income of $45,000 to $50,000 that is generated thru Lottery, ATM, Ria Money Transfer, Moneygram, Westernunion and Cell Phone bills. Store sells goods ranging from lottery, snacks, phone cards, smoking-related products (Juul and Tobacco), OTC medicine, and groceries. Open Monday to Sunday 8 am -7 pm. With proper advertising and marketing, one can easily triple their business. Long-term lease is available for the 2,700 sq ft store@ 5,500.00 a month. The business is easy to operate for a new owner/operator or can be run as semi-absentee or absentee owner with limited payroll. PLEASE NOTE: In order to show the location, potential buyers will sign NDA with Photo ID and valid P.O.F. No co-brokering, please .
Do not miss this great opportunity!!
Please call to discuss ........................(732) 896-1037
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.
About the Business
Years in Operation
25
Employees
3 (2 Full-time, 1 Part-time)
Facilities & Assets
Assets includes all furnitures & fixtures, pos system.
Website
https://www.bizbuysell.com/brokers/Listings/
Opportunities for Growth
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
About the Sale
Seller Motivation
Planning to retire after 40 years in business
Transition Support
Seller will provide complete training and support to the qualified buyer
Financing Options
TBD
Listing Info
ID
2442117
Listing Views
35

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2442117 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.


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