Retail General / Convenience Store in Central New Jersey
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Hamilton Street General Store LLC presents an exceptional opportunity to acquire an established retail convenience store in Franklin Township's prime downtown retail district. Operating successfully since 2008, this well-positioned business generates $425,000 in annual revenue while serving a loyal customer base built over 16 years of dedicated service.
BUSINESS OVERVIEW:
This 2,700 square foot general convenience store operates from a high-traffic location on Hamilton Street, benefiting from its strategic position in Franklin Township's recognized downtown retail business district. The business has demonstrated remarkable staying power, outlasting numerous competitors while maintaining strong customer relationships through exceptional service and community loyalty.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $425,000
• Established Since: 2008
• Asking Price: $125,000
• FF&E Value: $25,000
• Current Inventory: $55,000
• Monthly Lease: $5,528 (expires 5/1/2028)
OPERATIONAL ADVANTAGES:
The store benefits from multiple revenue streams including lottery services, money transfer operations, and prepaid cellular services. The business has cultivated a strong, repeat customer base that values the personalized service and community connection that larger chains cannot provide.
GROWTH POTENTIAL:
Significant expansion opportunities exist, with frequent customer requests for additional services including a food court, deli operations, coffee service, and hot food offerings. These additions could substantially increase revenue and profit margins while leveraging the existing high-traffic location.
SUPPORT & TRAINING:
The current owner offers comprehensive post-sale support and training. Additionally, required training from lottery, money transfer, and prepaid cellular companies will be provided at no charge, ensuring smooth operational transition.
This turnkey opportunity represents an ideal acquisition for an entrepreneur seeking an established business with proven revenue, prime location, and significant growth potential in Central New Jersey's thriving retail market.
BUSINESS OVERVIEW:
This 2,700 square foot general convenience store operates from a high-traffic location on Hamilton Street, benefiting from its strategic position in Franklin Township's recognized downtown retail business district. The business has demonstrated remarkable staying power, outlasting numerous competitors while maintaining strong customer relationships through exceptional service and community loyalty.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $425,000
• Established Since: 2008
• Asking Price: $125,000
• FF&E Value: $25,000
• Current Inventory: $55,000
• Monthly Lease: $5,528 (expires 5/1/2028)
OPERATIONAL ADVANTAGES:
The store benefits from multiple revenue streams including lottery services, money transfer operations, and prepaid cellular services. The business has cultivated a strong, repeat customer base that values the personalized service and community connection that larger chains cannot provide.
GROWTH POTENTIAL:
Significant expansion opportunities exist, with frequent customer requests for additional services including a food court, deli operations, coffee service, and hot food offerings. These additions could substantially increase revenue and profit margins while leveraging the existing high-traffic location.
SUPPORT & TRAINING:
The current owner offers comprehensive post-sale support and training. Additionally, required training from lottery, money transfer, and prepaid cellular companies will be provided at no charge, ensuring smooth operational transition.
This turnkey opportunity represents an ideal acquisition for an entrepreneur seeking an established business with proven revenue, prime location, and significant growth potential in Central New Jersey's thriving retail market.
About the Business
- Years in Operation
- 18
- Employees
- 5 Part-time
Most are available for Holidays to work. - Facilities & Assets
- Plenty of parking behind the building as well as street parking. Business comes with many computers, desks, fixtures and much more. Large bathroom and Utility room for small kitchen. Small office with desk and safe.
- Market Outlook / Competition
- We have been on Hamilton Street for many years. Businesses have come and gone. We have a strong customer base that we have built up over the years that appreciates our customer service and loyalty to them.
- Opportunities for Growth
- We have been asked many times to add a Food Court, Deli, coffee and to-go Hot foods.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,700
- Rent
- $5,528.00 per month
- Lease Expiration
- 5/1/2028
About the Sale
- Seller Motivation
- Looking to semi-retire. I have been in retail over 60 years.
- Transition Support
- We can offer Support and training if needed. Also, training will be required at no charge from the Lottery and Money Transfer companies. Training is also available for the Prepaid cell phone companies.
- Financing Options
- 2008
Listing Info
- ID
- 2477577
- Listing Views
- 15
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Listing ID: 2477577 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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