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Convenience/Lottery Store

Bergen County, NJ
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Asking Price:$285,000
Gross Revenue:$292,600
FF&E:$25,000
Cash Flow:$141,740
Inventory:$25,000
Established Year:2006
Listing ID: 2281461Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established profitable with loyal clients, large lottery sales, top area, bus stops by store, plenty of parking. Sells cards, cigarettes, sodas, newspaper, convenient items etc. Potential to grow add ice machine, sell ice cream, sell eggs, bread, coffee, tea, pastries, cold cut sandwiches, additional stationery items, extend operating hours. Other income is $ 75,000 from Lottery and $ 1,800 from ATM

DETAILED INFORMATION
Location
Bergen County, NJ
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
900sq ft with basement, plenty parking, small mall, very good area, bus stops by door, near Walgreens, equipment in good condition, lease 5 years plus option 5 years.
Competition
none around the area.
Growth & Expansion
Can add ice machine, add ice cream service, add stationery items, magazines, serve coffee & tea, pastries for breakfast, cold cut sandwiches for lunch and extend store operating hours
Financing
Will provide financing for $50,000 for 2 years @ 6% interest rate.
Support & Training
will provide 2-3 weeks training
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Solomon Sasson
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Solomon Sasson
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