Convenience Store
Middlesex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $180,000 |
$374,000 |
$60,000 |
Inventory Value:
$45,000 ( not included in the asking price)
Business Summary:
This store was prior 7-Eleven in May 2014, it changed to Welsh Farm due to previous owners surgery was not able to take care of business and lost 7- Eleven Franchise. New seller changed into Welsh Farms where he does not have to pay franchise fee. New owner can bring bank Western Union, Electric & Gas bill pay so more commission comes. There are plenty of apts. nearby. Also in future prospect to buy gas station part and they convert the whole thing into a brand name gas like BP or Sunoco. Also the building is new only 3 years build it completely new with new gas station/ part too.
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| Year
Business was Established: 1991 |
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| Number of Employees:
2 |
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| Potential
Growth/Expansion:
Newly built building 2 years old. Parking lot also newly completed 2 years ago. |
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| Competition:
Few convenience stores in the vicinity of 2 to 3 miles |
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| Owner
willing to finance:
Prime + 2% |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Retiring |
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| REQUEST MORE INFO |
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