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Profitable Mediterranean C-Store in Safe Area

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$299,000 $760,108 $232,635

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$120,000 ( not included in the asking price)

Business Summary:
Profitable Mediterranean multi-convenience stores right off a large thoroughfare in a safe area. Located right next to a popular pizza chain with plenty of parking out front along with a back lot. The owner has a health issue prompting the sale. FURNITURE, FIXTURES, & EQUIPMENT valued @ $50,000 is included in the sale. The owner recently met with landlord & confirmed a new owner can get a favorable lease situation. OTHER INCOME: Lottery $4,932, Western Union $5,900, ATM $1,000, FedEx Shipping $725= $12,557. A new owner should do some advertising to promote all its services, which includes bus tickets. Contact Seth Kain @ 201-317-4710 for additional details and showing.

 
   
   
Year Business was Established: 8
   
Number of Employees: 3FT/ 2PT  
   
Potential Growth/Expansion: A new owner should do some advertising and portion. Since they offer a lot of additional services, it’d be best to try to reach a large amount of potential customers through advertising.  
   
Competition: There is no direct competition for the exact product in the town. The store also offers additional services; Western Union, FedEx shipping and bus tickets.  
   
Owner willing to finance: The owner is offering “seller financing” all terms are negotiable.  
   
Owner willing to train: A minimum of 2 weeks training at no cost to the buyer  
   
Reason for selling: The owner has a health issue  
 

 

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