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Business for Sale Summary

Profitable Convenience Business for sale in NJ - 34949

Business Type: general merchandise store,misc. retail/non-classifiable,seller financing available,convenience store
Owner Financing
Profitable Convenience Business for sale in NJ
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This business has received 18 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $148,000 Down Payment $100,000
Gross Revenues $180,000 Lease Remaining Register Free to View
Owner’s Cash Flow $65,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and $48k at 6% for 12 months

Business Description

This quaint & profitable convenience store has just been listed on the market in New Jersey. The lotto here pays for the rent itself which is $2k a month. This store is in an ideal location near schools and several school bus stops. There is a very nice landlord in place and this location also has a basement that is the same size as the store as well as another room next door that is being used for storage but can be modified to hold more merchandise. There is plenty of opportunity to scale this business up by adding a deli, money order, ATM, bus tickets and so much more. The lotto generates about $35-40k a year. The owner is only selling to pursue a different career and move out of state. The sales of this business were not affected by the pandemic as this business was deemed essential and has proven its recession proof. Dont let this opportunity pass you by and get in touch with the listing broker, Brian Bernstein, at 877-735-5224 to book a time to speak with the seller.

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.