Mini Mart/Check Cashing Business For Sale in NJ - 35426 Business Type: general merchandise store,misc. retail/non-classifiable,supermarket,convenience store,check cashing
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $300,000 | Down Payment | $200,000 |
| Gross Revenues | $320,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $159,000 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and Balance terms TBD
Business Description
This profitable check cashing and convenience store has a $5 million check cashing volume and high profit margin convenience items.
The store offers 7-day per week check cashing and financial center services including money transfer, bill pay, money orders, and prepaid phone cards.
The lotto commission covers the rent, and the cash-heavy convenience store also profits about $40k.
The expenses are low, with only $1k/mo in bank fees and low rent.
The store owner owns the building and is willing to offer a great lease.
The sale includes equipment such as a PC with check cashing software, a bulletproof check cashing booth, a jeweler's safe, a 16 channel commercial IP camera system, a POS computer, three dairy and drink refrigerators, and more.
Buyers must have $200k proof of liquid funds and an additional $100k on hand to finance the revolving check cashing aspect of the business.
The seller is open to serious offers. Contact listing broker Brian Bernstein at 929-969-0007 to learn more about this amazing store.
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.
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