Union County Convenience Store

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
$110,000 $218,000

Retail: General Merchandise - Retail


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RE: Union County Convenience Store Broker: Surendra Gandhi

Quick Facts

Asking Price: $110,000
Annual Revenue: $218,000
Net Profit: Not Disclosed
Cash Flow: $98,750
Total Debt: Not Disclosed
FF&E: $4,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 1
BBN Listing #: 57112979
Broker Reference #: 12934SG

Email or Print Listing

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Business Overview:

Motivated semi absentee seller offers a once in a lifetime opportunity of acquiring a profitable convenience store with significant potential. Ideal location on a busy road suitable for pedestrians and street parking, an added convenience. The business earns a lottery commission of $48,000 and money order fee of $7,000 and ATM fees of $3,000. The salary of $28,000 for full time employee is added back to the income for an owner operator.

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Property Features and Assets:

Convenience store, 1000 sqft, has a basement. 24 months remain in current lease. The landlord renews the lease for five year term.

Market Competition and Expansion:

Significant growth potential by adding coffee and breakfast which will increase revenue.

Reason for Selling:

Retiring

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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