Convenience, Beauty Supply, Lottery Store
Middlesex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$275,000 |
$709,476 |
$105,208 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$200,000 ( not included in the asking price)
Business Summary:
High volume traffic into the store with sales of $72,000 in lottery commission alone. Very high traffic count on main avenue. Established clientele for hair replacement, braids, and a tremendous floor display of beauty supplies. A very steady increase in hair supplies/ lottery. Long term favorable lease. All income expenses and cash flow is baked on projections for 2020. Seller will consider all reasonable offers. For further details contact Vince Hsia cell (917) 327- 3636 or office (908) 851-9040
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Year
Business was Established: 18 |
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Number of Employees:
4ft/1pt |
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Facilities / Terms of Lease:
4800 sqft combination of beauty supplies, convenience store, lottery, 16 spots parking, established for over 18 years, store is well maintained and organized. Lease 10yrs existing plus option. |
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Potential
Growth/Expansion:
Store can accommodate more space for beauty supplies if needed. |
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Owner
willing to train:
Seller will stay on to support/ train buyer |
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Reason for selling:
Owner retiring |
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REQUEST MORE INFO |
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