Business for Sale Overview:
Location, location, dynamite location! Own your business in your own building. Store does large cigarette, bill paying and many other incomes. Rental income $16,800 with potential to receive $48,000 more rental income. Great opportunity for a buyer to take over extremely profitable business from seller who is under pricing for quick sale. Income from cigarettes over $520,000. Lottery income $31,200. Cigarette promotion $4,000. Located in the stony road section of Paterson. Possibility of Buyer getting cigarette jobbers license. No competition. Sells over 600 cartons weekly.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
2 tore fronts + 2 apartments, street parking, good condition.
Market Competition and Expansion:
Add convenience, add dollar store, get cigarette license, possibility of finishing interior of building to collect additional 48,000 in rental income.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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