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Convenience/Lottery

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$129,000 $228,000 $104,000

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$25,000 (included in the asking price)

Business Summary:
PRICE REDUCED! Very large 1,800 sq. ft. convenience store with lottery, very close to train station and high school (both 1 block away). Owner tired of business after 8 years and looking to work a lot less, semi-retire, ATM on premises, no credit cards. Store has a walk-in box (not being used) which can be used to develop deli, etc. 5 aisles of grocery, cleaning products, etc, tobacco and candy counter. For further information please contact Seth L. Kain at 908-851-9040 or 201-317-4710

 
   
   
Year Business was Established: 1912
   
Number of Employees: 2  
   
Facilities / Terms of Lease: Very large 1,800 sq. ft. convenience store with lottery, very close to train station and high school.  
   
Potential Growth/Expansion: Yes – 1,800 sq. ft. – not being fully utilized  
   
Competition: No close competition  
   
Owner willing to finance: All cash  
   
Owner willing to train: Two weeks  
   
Reason for selling: Semi-retiring after 8 years  
 

 

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