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Pennsylvania Business For Sale |
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| 7990 - NEWS AGENCY |
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| Attn: Not Available |
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| Montgomery County, PA, USA |
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| Asking Price: |
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$156,000 USD USA Dollars |
| Business for Sale Industry: |
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Retail: Non-classifiable |
| Reason for Selling: |
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Owner relocating |
| Year Established: |
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1993 |
| # of Employees: |
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2 |
| Yearly Revenues: |
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$325,000 |
| Yearly Cash Flow: |
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$105,000 |
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Business for Sale Overview:
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Montgomery County, PA. A highly profitable kiosk in a large, regional mall - the largest mall on the east coast, and the second largest in the nation. Total of two million square feet. The mall sees its biggest crowds on weekends and on winter holidays. Shoppers spend more than a billion dollars annually. This operation is one of only two locations in the entire wing that sell lottery tickets. Extremely safe and secure for family. Located right next to food court and ATM machines. Opportunity exists for new owner/operator to increase sales by adding magazines, selected high-end gifts, and more health food snacks and drinks. Additional storage room available for a nominal monthly fee. Royalties are 3% of gross sales plus 0.5% of lottery commissions. Buyer will pay 50% of franchise transfer fee, which will be 3% of the sale price. Mall in the process of adding additional stores in the vicinity of the Newsstand. Cash flow projected is for one full-time owner/operator.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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