Profitable C-Store in Heavily-populated Safe Town!
Bergen County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$119,000 |
$285,000 |
$90,470 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
A profitable convenience store in a high-traffic, affluent area. It’s very close to Route 4 where there’s a very high volume of people. There’s no direct competition for at least 1 mile. It’s located on the grounds of a branded gas station & there’s plenty of space to park. A husband/wife team operates it & have other “All” Furniture, Fixtures, & Equipment valued @ $15,000 is included in the sale. A new owner should sell more breakfast-type food to increase gross sales/cash flow. OTHER INCOME: Lottery $8,000 & ATM $1,200 = $9,200. A new qualified tenant can get a lease assignment or renegotiate a new lease thru the landlord. Contact Seth @ 201-317- 4710 for additional details & showing.
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Year
Business was Established: 1 |
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Number of Employees:
None |
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Facilities / Terms of Lease:
Approximately 700 sq. ft. “All” Furniture, Fixtures & Equipment valued at $15,000 are in very good condition and are included in sale. A new qualified tenant can get a lease assignment or can renegotiate a long term lease thru the landlord. The present owner has 9 years left on his present lease |
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Potential
Growth/Expansion:
A new Owner should add more “breakfast type” food to increase its gross sales. It makes sense to do that since coffee is already being sold. It’d be a good idea to do some advertising and promotion due to the very large town population and the many area schools and churches. |
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Competition:
There aren’t any other Convenience Stores for around 1 ½ miles away from this store. The location is ideal since the store is located on the grounds of a Gas Station and there aren’t any other Gas Stations within a mile. The nearest C-Store and Gas Station are both on adjoining highways. This store and station are located in a residential area off a major thoroughfare. |
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Owner
willing to finance:
There’s no owner financing being offered at this 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:
The two owners have other business interests |
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REQUEST MORE INFO |
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