Profitable Convenience General Store for Sale in New Jersey

Asking Price$169,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$390,000

Inventory$25,000
Not included in asking price
FF&E$20,000
Included in asking price
Real EstateNot Disclosed

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Profitable Convenience General Store for Sale in New Jersey


Asking Price$169,000

Cash Flow
$90,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$390,000

Inventory$25,000
Not included in asking price
FF&E$20,000
Included in asking price
Real EstateNot Disclosed

Business Description
( Profitable main street business with growth potential!)
Profitable prime location convenience store has just come in the market within Somerset County, NJ. This location is one of its kind selling complete range of products that includes soda, snacks, candies, phone cards, over-the counter medication,smoking related products such as Juul and tobaccos, other items include wallets, clothing line, plants, shoes for all ages, bicycles, lottery and ATM cards.,. The store average daily sale is $900 to $1000, i,e $ 390,000 per year.There is additional income of $45,000 to $50,000 that is generated thru Lottery, ATM, Ria Money Transfer, Moneygram, Westernunion and Cell Phone bills. There is a great demand for electric bikes that are sold by this store due to university campus in the vicinity. The seller's net cash flow after covering all expenses is over $100,000 per year. A long-term lease is available for the 2,700 sq ft store@ 5,500.00 a month., well, this is a prime location for potential buyers looking for a quality business opportunity. 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!!
About the Business
Years in Operation
15
Employees
3 (2 Full-time, 1 Part-time)
Facilities & Assets
Assets include all equipments, furnitures, fixtures and pos system.
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
Retiring
Transition Support
Seller will provide training and support to the qualified buyer
Listing Info
ID
2413158
Listing Views
18

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Business Listed by: Sanjay Gupta Tedd Min LLC

Listing ID: 2413158 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.