MergerPlace

Neighborhood Convenience Store Market

New Jersey (Union)


  • Asking Price: $200,000
  • Gross Income: $347,680
  • Cash Flow: $121,270
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $15,000
  • Listing ID: #203009
  • Established: 1984
  • Employees: 1 FT/1 PT

Business Description

Highly profitable community convenience store and market. Established over 30 years with large dedicated client base generating $7000 in weekly sales and EBITDA exceeding $120K for this owner operator. Large offering of convenience and grocery items, greeting cards and even office supplies. Must see to appreciate this well organized and efficient business. Very desirable - Low overhead with low rent and long term lease.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Union

Company Information

Year Established: 1984
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT/1 PT

Financial Information

Asking Price: $200,000
Gross Revenue: $347,680
Cash Flow: $121,270
FF&E: $15,000
Seller Financing Available: No

Property Information

Facilities:

800 sq ft well organized retail space with great signage on a very business road. Next to other retail and and surrounded by densely populated single family homes. Plenty of street parking. Favorable long term lease. Capacity to grow.

Growth & expansion opportunities:

Expand the hours and watch the business grow! Very strong growth potential. Increase lottery sales by staying open just one more hour. The space could also accommodate a small deli or sandwich shop.

Competition:

Popular Neighborhood Store.

Reason for selling:

Selling due to life changing event.

Support & Training:

Will train for 2 weeks @ no cost. Convenience items, groceries, lottery, tobacco, bus passes, ATM, Notary, Bill pay, greeting cards and more!

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers