Convenience Store For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $800000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Yes
Reason for Sale Moving out of country
Description Location, Location, Location! A newly renovated and brand new store in Passaic county New Jersey for sale. Located on a heavy pedestrian street. Store has only been open for 6 months but the volume has increased 15% to 20% every month. The owner sales for first 6 month is $250k ($500k annually). Since the business sales is increasing , the seller believed that he will hit $700k for the 1st year. The rent is approx $5k which includes heat for 5000 sq ft store. The lease is about 9 yrs remaining. The new owner can rent the back, add lotto, money gram, sell cigarettes and advertise for increased revenue. Possible owner financing for qualified buyers. Owner has another business so his loss is your gain. Priced to sell. Please inquire via email or call 888-963-9872.
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