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This Business has been Sold!
Closing Date: 10/23/2020
Broker: David Lee
Business for Sale Summary

Convenience Store For Sale in Camden County, NJ - 32920

Business Type: convenience store
Sold
Convenience Store For Sale in Camden County, NJ
On October 23rd 2020, The Undersigned
Acted as the Advisor to the Deal
David Lee
David Lee Senior Broker
Servicing: Camden County, NJ
Gloucester County, NJ
Atlantic County, NJ
Ocean County, NJ
Cape May County, NJ
Burlington County, NJ
Salem County, NJ
Philadelphia County, PA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $140,000 Down Payment $140,000
Gross Revenues $328,500 Lease Remaining Register Free to View
Owner’s Cash Flow $131,135 Number of FT Employees Register Free to View

Financing

$140,000 Down and none

Business Description

Established clean well stocked convenience store for sale. Neighborhood location, lucky lottery. All equipment is owned and working. Good Landlord. Selling all the convenience store items. Room to add products, expand food sales. Monthly Sales $27,375. Rent $2200. total expenses $20188.profit $7,187 plus $3400. lottery and ATM commissions monthly. Total Profit at $127,235. annually plus rebates. Good record keeping. $15,000. inventory not included.Owner operated can save payroll $$. Priced to sell, offered at 1:1 ratio because Health issues forces sale.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.