Convenience Store/Food Store

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
$1,200,000 $1,058,666

Food & Beverage: Convenience Stores


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RE: Convenience Store/Food Store Broker: Corporate Business Brokers

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,058,666
Net Profit: $409,450
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NJ
Year Established: 2009
Employees: 5
BBN Listing #: 725014750
Broker Reference #: 00822

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Business Overview:

2,700 Square feet Exceptional convenience/food Store. Few facts about the store: The current owner run this place by spending 2-3 days per month in this business so imagine if this place runs by owner operation, for sure sales will be increase by 15-20%. The current owner does not sell cigg or tobacco in the place although it is permitted and the new owner can add these things to his inventory and increase the sale and profit value. The current owner does not have lottery which is permitted. The mall management takes care of all major maintenance and repairs. Utility charges is included in the rent. You will get Brand new 10 years lease and management will give additional 10 years if tenant is not in default. Plenty of foot traffic in this mall 9. There are steady number of employees that is working in the mall and estimated up to 5,000 employees daily. There are seating tables for the convenience of customers and it is exclusively used for the store. The seller will spend the needed time to train the new buyer and make him more than comfortable with the business.

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Reason for Selling:

Personal

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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