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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

 
   
   
Year Business was Established: 18
   
Number of Employees: 4ft/1pt  
   
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.  
   
Potential Growth/Expansion: Store can accommodate more space for beauty supplies if needed.  
   
Owner willing to train: Seller will stay on to support/ train buyer  
   
Reason for selling: Owner retiring  
 

 

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