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Business for Sale Summary [Non-Confidential]

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Morris County, NJ

Business Type: special situations,best deals!,retailing businesses,convenience store,misc. retail/non-classifiable

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $95,000.00

  • Gross Revenues

    $216,000.00

  • Financing

    $ 75,000.00 Down and 20,000 @ 6%

  • Owner's Cash Flow

    $72,960.00

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Business Description

Busy and well established gift shop selling jewelry, toys, cosmetics, hair accessories, greeting cards, stationary and more. It also has a cell phone counter serving AT&T, T-Mobile and Nextel. Western Union for wiring money out of this country is also provided. A lot of customers also asked the owner to serve food, which is a great opportunity for the next owner. Over half of the clientele speak Spanish. The current owner is not from the Spanish speaking community but is doing great. The asking price includes all the inventory and furniture so the new owner can start running the business and earning money from day one. The new owner should be able to earn back bulk of the investment during the coming holiday season. Don't wait - Call today!!!

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