Convenience, Beauty Supply, Lottery Store

Not Disclosed, NJ
Middlesex County

Asking Price: Annual Revenue:
$275,000 $709,476

Retail: Health, Beauty, Nutrition

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RE: Convenience, Beauty Supply, Lottery Store Broker: Vince Hsia

Quick Facts

Asking Price: $275,000
Annual Revenue: $709,476
Net Profit: Not Disclosed
Cash Flow: $105,208
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 18
Employees: 5
BBN Listing #: 56932979
Broker Reference #: 7572vh

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Business Overview:

High volume traffic into the store with sales of $72,000 in lottery commission alone. Very high traffic count on main avenue. Established clientele for hair replacement, braids, and a tremendous floor display of beauty supplies. A very steady increase in hair supplies/lottery. Long term favorable lease. All income expenses and cash flow is based on projections for 2020. Seller will consider all reasonable offers. For further details contact Vince Hsia or office.

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Property Features and Assets:

4,800 square feet combination of beauty supplies, convenience store, lottery, 16 spots parking, established for over 18 years, the store is well maintained and organized. Lease 10 years existing plus option.

Market Competition and Expansion:

The store can accommodate more space for beauty supplies if needed.

Reason for Selling:

Owner retiring.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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