Check Cashing and Variety Store - 14246 Business Type: convenience store
Acted as the Advisor to the Deal
Bucks County, PA
Camden County, NJ
New Castle County, DE
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $420,000 | Down Payment | $300,000 |
| Gross Revenues | $528,878 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $200,268 | Number of FT Employees | Register Free to View |
Financing
$300,000 Down and 120,000 @ 8.5% X 36 months
Business Description
Super well established (20 years) Check cashing (70%) / convenience Store (Cigarettes 30%) now available, get dialed into a very busy local community and profit from check cashing fees and fees for other services like, Western Union wire transfers, Money orders, bill payments, cell phones and wireless internet offerings and more. Profit in the C store from high cigarettes sales (with higher than average margins) and many other more profitable items. Long term assignable lease available. relocating owner forced to sell... Systems in place to continue strength with present owner ideas for further growth ready to share Present owner has been there for 3 plus years and is only selling due to family pressure to move. Real Property may be available to right buyer for right price - Real property sale handled by owner.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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