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.
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Year
Business was Established: 2011 |
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Number of Employees:
1 |
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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. |
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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.. |
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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 |
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Owner
willing to train:
2 weeks |
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REQUEST MORE INFO |
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