Business For Sale

News Stand Kiosk In Busy Mall For Sale-29423

Not Disclosed, CT
Fairfield County


Asking Price: Annual Revenue:
$110,000 $350,000

Retail: General Merchandise - Retail


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RE: News Stand Kiosk In Busy Mall For Sale-29423 Broker: Nathan Goldstein
Owner Financing is Available!
110,000.00 Down & $39K over terms TBD.

Quick Facts

Asking Price: $110,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 1
BBN Listing #: 76814447
Broker Reference #: 29423

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Business Overview:

News Stand Kiosk (Franchise) in Busy Mall Location. *PRICE REDUCED* This kiosk has been established for over 20 years in a high-end mall location. They sell general convenience items at a tremendous margin, approx. 55%. THAT IS NOT A TYPO. The margins are much higher due to the location and virtually no competition. In the past year, the business grossed approx. $350,000.00 with an owner/operator cash flow of approx. $90,000.00. LOTTO COMMISSION WAS APPROX. $25K IN THE PAST YEAR. The overhead is minimal, with a rent of $5k/month. That includes water, electric, garbage, etc.) They are open the typical mall hours, M-Sat. 10am-9:30pm, Sun 11am-7pm. We are seeking a serious and financially qualified buyer with at least $145K in liquid funds to cover the downpayment, inventory, and rent security. Any buyer must have good credit for mall lease approval. If you meet the criteria, please call Mel Vaz at 1-877-735-5224.

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Reason for Selling:

Moving on.

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 a franchise resale opportunity.

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