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Business for Sale Summary

Franchised Convenience Store for sale in NJ - 35092

Business Type: beer distributor,general merchandise store,misc. retail/non-classifiable,other food stores,seller financing available,convenience store
Franchised Convenience Store for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $852,000 Down Payment $852,000
Gross Revenues $3,900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $259,000 Number of FT Employees Register Free to View

Financing

$852,000 Down and

Business Description

$3.9m revenue convenience store. Owner is currently taking home $259k and is operating the store very inefficiently with an extremely high payroll that can be drastically reduced with proper management. The current franchise fee is $450k, which can be renegotiated lower with the corporation for a new buyer. Seller will make introductions to get the store and franchise fee financed by either a bank or by the franchise. BRING ANY SERIOUS OFFERS. Seller is extremely nice and will help new owner in the transition.

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.