Long Established Convenience doing $100,000 in Lotto Commission.

Linden, NJ
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Asking Price:$115,000
Gross Revenue:$399,000
Established Year:1998
Cash Flow:$100,000
Inventory:$5,000
BUSINESS DESCRIPTION

(Profitable main street business with growth potential!)

Long established since 1998, this prime location convenience store is for sale on a busy road in Linden, NJ, this location is prime to residential community with all day foot traffic. Store sells goods ranging from lottery,soda, snacks, phone cards, smoking-related products (Juul and Tobacco), OTC medicine, and groceries. Current sale is $700 to $800/day. Additional income is generated from lottery commission doing $100,000/Yr in 2023, ATM commission is $1800 /Yr. Seller's net cash flow, after paying all the expenses, is over i,e $100,000 a year plus. Open Monday to Sunday 7am -8pm. With proper advertising and marketing, one can easily triple their business. Easy to operate for a new owner/operator with limited payroll.
Low rent with long term lease is available at $2900.00 a month, which includes (rent and cam)
ONLY SERIOUS BUYERS!!Do not miss this great opportunity!!
PLEASE NOTE: Potential buyers will sign NDA with Photo ID and Proof of Funds before we disclose any further information.
No co-brokering, please .
Call Teddmin@ 1-732-896-1037 for more information.
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We are always in search of quality businesses for our buyers. If you're a business owner thinking of selling your business, please email or contact us : teddminbb@gmail.com, please contact Teddmin@ 1-732-896-1037.


DETAILED INFORMATION
Location
Linden, NJ
Inventory
Included in asking price
Employees
1
Facilities
Assets include all store furniture & fixtures, POS system.
Growth & Expansion
Great growth potential, Increase by utilizing the advertising media to grow sales. Minimal advertising is done now
Support & Training
Seller will provide complete training and support to the new owners.
Reason for Selling
Health Issues
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Sanjay
K. Gupta
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Sanjay K. Gupta