Profitable C-Store/ Deli in High Traffic Area
Morris County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $115,000 |
$350,000 |
$97,823 |
Furniture and Fixtures Value:
$22,500 (included in the asking price)
Inventory Value:
$10,000 ( not included in the asking price)
Business Summary:
Beautifully-renovated profitable C-store/Deli in a high traffic safe area. There’s no competition in the real immediate area. Plenty of free strip mall parking out front. Both owners are relocating out-of-state prompting the sale SALES: Deli 25%, Hot Foods 25%, Cigarettes 30%, Convenience 20%. “All” Furniture, Fixtures, & Equipment valued @ $22,500 are included in sale. OTHER INCOME: Lottery $26,400 & ATM $1,400 = $27,800. OTHER EXPENSES: Security $516 & Pest Control $360 = $876. New qualified tenant should be able to get a longer lease term through the landlord. $20,000 put into wages to cover hiring one worker. Contact Seth @ 201-317-4710 for additional details & showing.
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| Year
Business was Established: 2011 |
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| Facilities / Terms of Lease:
1,850 square feet. “All” Furniture, Fixtures & Equipment are in excellent condition and are included in the sale. There’s plenty of free strip mall parking directly in front of store. Owners have 4 years 4 months on their present 5 year lease. A new qualified tenant should be able to get a longer lease term. |
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| Potential
Growth/Expansion:
A new owner can increase his menu to include hot food items since there’s a large oven along with a metal cutting table in the back. Delivering to a couple of nearby developments & some other select areas would help to boost gross sales & profits. |
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| Competition:
There’s only one other convenience store within a couple of miles of this store. |
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| Owner
willing to finance:
There’s no owner financing at the present time |
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| Owner
willing to train:
Owners will provide up to 2 weeks training at no cost to the Buyer. |
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| Reason for selling:
Both owners are planning to relocate within the United States. |
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| REQUEST MORE INFO |
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