MergerPlace

Excellent location convenient store

New Jersey (Passaic)


  • Asking Price: $99,000
  • Gross Income: $254,800
  • Cash Flow: $42,328
  • Real Estate: Not Disclosed
  • Inventory: $25,000
  • FF&E: $30,000
  • Listing ID: #205281
  • Established: Not Disclosed
  • Employees: 2 P/T

Business Description

Attractive nicely set up store in excellent location corner of major highway and next to gas station, 6 months old, new equipment with good growth potential.


Business Details

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

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 P/T

Financial Information

Asking Price: $99,000
Gross Revenue: $254,800
Cash Flow: $42,328
FF&E: $30,000
Inventory: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

1,000 sq. ft. corner of main road and major highway, parking on premises, equipment and fixture 6 months old excellent condition, store attractive and nicely set up, with good growth potential.

Growth & expansion opportunities:

Advertise to residents and businesses around, offer weekly special promotions, expand deli section, add breakfast offering pastries, bagels, etc.

Competition:

None around

Reason for selling:

Has interest in another business taking most of his time.

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers