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Best Stationary Store in town

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$299,000 $250,000 $80,865

Furniture and Fixtures Value:
$45,000 (included in the asking price)

Inventory Value:
$125,000 (included in the asking price)

Business Summary:
Beautiful 65 year old store in high traffic strip mall with plenty of parking. A nearby Kings Supermarket draws a high volume of customers to the area. Lottery Machine was put in (6) months ago, which has boosted the overall gross sales on stationery items. Lottery commissions are projected out for one full year. OTHER INCOME: $12,000. Furniture, Fixtures, & Equipment of $45,000 minimum & inventory of $125,000 are included in sale. Landlord will offer a long term lease with at least 1 option to qualified buyers. Set up for an owner-operator along with 2 part-timers. Contact Seth Kain @ 201-317-4710.

 
   
   
Year Business was Established: 2011
   
Number of Employees: 1  
   
Facilities / Terms of Lease: 2,000sq ft with a full-size basement. “All ” Furniture Fixtures and equipment are in excellent condition. Plenty of free strip mall parking. Landlord will offer a long term lease with either one or two options to qualified buyers. A lottery machine has been in place for 6 months.  
   
Potential Growth/Expansion: A new owner should do advertising & promotions. “Voucher” advertising would be ideal. An owner should do promoting through the many area schools..  
   
Competition: There’s no direct competition in the immediate area. There’s actually only one other store in town selling both office supplies, Cards and Gifts  
   
Owner willing to train: 2 weeks  
 

 

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