MergerPlace

Absentee 900k Gross Convenience/Deli

New Jersey (Burlington)


  • Asking Price: $500,000
  • Gross Income: $900,000
  • Cash Flow: $265,472
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $70,000
  • Listing ID: #211810
  • Established: 2004
  • Employees: 4 FT

Business Description

Absentee owner offers a significant opportunity to own a well-established, highly-profitable, full-service convenience store/deli serving breakfast, lunch, coffee including espresso, smoothies & milkshakes, alongside an array of tobacco products, household/food items and lottery. Located on a busy state highway, plenty of parking on premises, offering easy access and busy foot traffic. In addition to the purchase price, this business requires liquidity of 50,000 for inventory. A proof of funds of $550,000 required. Contact Surendra Gandhi at 732-890-9038 for details.


Business Details

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

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $500,000
Gross Revenue: $900,000
Cash Flow: $265,472
FF&E: $70,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

3,200 sq ft free-standing building in superb location.

Growth & expansion opportunities:

Significant, especially for an owner/operator well-versed in food/deli business.

Competition:

Manageable.

Reason for selling:

Other interests

Support & Training:

2 weeks

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Surendra Gandhi

Executive Business Brokers