Neighborhood Convenient/Grocery Store

Not Disclosed, NJ
Bergen County

Northern New Jersey

Asking Price: Annual Revenue:
$110,000 $240,000

Food & Beverage: Convenience Stores

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RE: Neighborhood Convenient/Grocery Store Broker: Phil Zanardi

Quick Facts

Asking Price: $110,000
Annual Revenue: $240,000
Net Profit: Not Disclosed
Cash Flow: $101,700
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 28744955
Broker Reference #: 3406-16351

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Business Overview:

Convenience Store well located in the heart of the neighborhood.

Locals come here for cigarettes, lottery tickets, ATM use, use of copy machine, fax machine, scanner, quick groceries, and the occasional quick refreshment.

Every great neighborhood starts with a great local Convenience-Store!

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Property Features and Assets:

Located in Bergen County, NJ, with about 2,000 square feet. Real Estate is not included, but a GREAT lease. Assets = $150,000

Market Competition and Expansion:

Limited competition as this store is surrounded by houses and apartments that are walking distance, also walking distance from a bus stop. The store has a niche following of locals that come here instead of driving to a different location for quick purchase items. Potential to add more delivery services with mobile apps.

Reason for Selling:

Owner is retiring and relocating.

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.

Relevant Links:

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