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Convenience Store

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$49,000 $187,000 $30,950

Inventory Value:
$25,000 (included in the asking price)

Business Summary:
Off a major highway. Plenty of strip mall parking. 1,250 sq. ft. including a lot of warehouse space in the back for very accessible unloading. Shows nicely on the inside. Long lease in place. Price includes ATM and Lotto Machines. Lottery machine can be obtained. There are not any restrictions. Payroll put in to adjust for one part-time employee working 5 nights a week. Price includes $35,000 inventory and $30,000 in furniture, fixtures, and equipment. For further information please contact Seth L. Kain at 908-851-9040 Ext. 287 or directly at 201-317-4710.

 
   
   
Year Business was Established: 2008
   
Number of Employees: 1  
   
Facilities / Terms of Lease: 1,200 sq. ft., Pepsi and Coke machines, Lotto machines, a lot of shelving, warehouse space in back. Plenty of strip mall parking. 3 years in business at this location and 3 year ownership. Facilities in excellent condition, 20 year lease.  
   
Potential Growth/Expansion: Owner/operator could increase sales  
   
Competition: Limited competition in the area  
   
Owner willing to finance: $30,000 payable over 3 years  
   
Owner willing to train: Seller will stay on to train new buyer  
   
Reason for selling: Family problems  
 

 

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