Excellent location convenient store with potential

Passaic, NJ
Passaic County

Asking Price: Annual Revenue:
$99,000 $254,800

Food & Beverage: Convenience Stores

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RE: Excellent location convenient store with potential Broker: Solomon Sasson

Quick Facts

Asking Price: $99,000
Annual Revenue: $254,800
Net Profit: Not Disclosed
Cash Flow: $42,328
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 2
BBN Listing #: 25232979
Broker Reference #: 6169SS

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Business Overview:

Attractive nicely set up store in excellent location corner of major highway and next to gas station, 6 months old, new equipment with good growth potential.

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Property Features and Assets:

1,000 square feet corner of main road and major highway, parking on premises, equipment and fixture 6 months old excellent condition, store attractive and nicely set up, with good growth potential.

Market Competition and Expansion:

Advertise to residents and businesses around, offer weekly special promotions, expand deli section, add breakfast offering pastries, bagels, etc.

Reason for Selling:

Has interest in another business taking most of his time.

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.

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