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Convenience Store For Sale

New Jersey
Asking Price:
$135,000 (USD)
Sales Revenue:
$375,000 (USD)
Cash Flow:
$50,000 (USD)

Deli C-Store and Mini Grocery just outside of Manhattan. RUN ON AN ABSENTEE BASIS. The owner only comes in 1 hour/wk. This is a spacious 2,000 sq. ft. store (with a full 2,000 sq.ft. basement) in a densely populated residential neighborhood. There are over 1,500 apartments in the area. They offer a deli counter and c-store plus, including 5 large freezers. It is more of a mini supermarket. THERE ARE 8 YEARS LEFT ON THE CURRENT LEASE AT A RENT OF ONLY $2,800/MTH. In the past year the business grossed approx. $375,000.00 with a net cash flow of approx. $50,000.00 (after paying a full staff). An owner operator could see a net income of $75K or more. The store needs some cosmetic work, but has good bones and is in a great corner location. We are seeking a serious and financially qualified buyer with at least $135K in liquid funds. To learn more, please call or email Mel Vaz today at ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Partner retired. Remaining partner owns another business.

Employees:
3

Other Information

Support & training:

Yes

Financing available:

135,000.00 Down & None.

Furniture / Fixtures value:
$75,000 (USD)
Inventory / Stock value:
$30,000 (USD)

Contact Information

    1. Your Address

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