Replace Owners/Do better

Hudson County , New Jersey

Business Summary: Corner location, one block away from grammar school with large enrollment. Area is Hispanic, and with new owner with same language volume and patrons would increase. There is room to place a sandwich making area, and thereby increase stores variety beyond convenience. Store presently operated by married owners. Husband can not work full time- burdens falling on wife to maintain every day operations. Lottery income: $32,000. New owner would give more vitality. All cash no credit card. For further information, please contact Vito Mastromonaco on 908-851-9040, ext. 285, email: [email protected]
Year Business was Established: 1973
Number of Employees: 2
Facilities / Terms of Lease: Corner convenience store on Main Avenue one block from heavily enrolled grammar school. Street parking available throughout area. New lease can be obtained from landlord with elongated lease possible.
Potential Growth/Expansion: This store will always prevail. New owner can introduce new customers and bring in extra revenue.
Competition: This and many similar stores in area do the same trade year after year- here new owner can bring store to better levels
Owner willing to finance: Owner would accept $15,000 in financing at negotiable interest rate.
Owner willing to train: Two weeks
Reason for selling: Husband is sick and has to rely on his wife to put in all the hours