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This Business has been Sold!
Closing Date: 09/18/2018
Broker: Amit Desai

Business for Sale Summary

Ultra Profitable store with Ton of opportunities - 31142

Business Type: retailing businesses,card shop/stationery store,convenience store
Sold
Ultra Profitable store with Ton of opportunities
On September 18th 2018, The Undersigned
Acted as the Advisor to the Deal
Amit Desai
Amit Desai Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NJ and RI
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 $325,000 Down Payment $0
Gross Revenues $555,200 Lease Remaining Register Free to View
Owner’s Cash Flow $288,309 Number of FT Employees Register Free to View

Financing

$0 Down and

Business Description

One of THE most profitable convenience/Cigar/News store with ALL the opportunities to increase the sales. ONE man operation with SHORT hours at PRIME location. Buyer who gets this business could be all set for life. Mark up is extremely high as this is ultra affluent area.There are 5000 people work within few blocks with another 100,000 people find commute nearby. Entertainment and most expensive car showrooms are close by and people pay the high price without any questions. After 25 years of making mint along with health issues; seller likes to retire. New buyer can ADD magazines, beer, Coffee, sandwiches, franchise like Subway or Dunkin Donuts, milk..Eggs and Bread etc.as there is nothing like this near by. Other income includes $60,000 for Lotto and $3600 for ATM commissions. Kindly hurry.

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.