Lucky purchase will bring luck
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $407,000 |
$702,992 |
$204,435 |
Furniture and Fixtures Value:
$65,000 (included in the asking price)
Inventory Value:
$60,000 ( not included in the asking price)
Business Summary:
Over 100,000 Lottery; commission lottery beehive; simple business to operate; product sales include cigarettes, cigars, assorted convenience items and beverages; corner store located on main commercial/business street in one of Bergen County’s larger and safer towns; there is never a slowdown in patrons during the course of day; all new owners has to do is press lottery buttons and wish all players ‘good luck’; patrons come from nearby business and shoppers transversing/walking past location (also cigarette break players) business receives 30,000 sublease payback from adjoining business; cigarette company rebates programs furnish additional $11,640 revenue, ATM profit $2,700; no experience necessary to run this operation; location is the key factor; cannot be duplicated in this area.
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| Year
Business was Established: 6 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
From outside very attractive exterior convenience store; ample street parking for shoppers; kept extremely clean with beverage refrigerators along aisles spacious over 10 year lease with options; 1,500 sq. ft. |
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| Potential
Growth/Expansion:
Can easily add to product line available within store higher end products will produce greater revenue and of course more profit such as knock-off wrist watches. |
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| Competition:
The location this facility has, prime corner on city’s busiest shopping district, location is key factor, and better cigar choices Cuban will help this location |
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| Owner
willing to finance:
All cash transaction except to very strong buyer based on personal financials |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Owner investing in a much larger facility |
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| REQUEST MORE INFO |
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