Business Summary:
On busy Bergenline Ave. All the walk in traffic you need. 1 block away from municipal parking lots. Ample metered parking. Store does over 600 customers a day at an avg. sale of 2.48 each. If owner were to stay, he could implement many options that should increase customer count, volume & profit. Opening earlier to catch commuters traveling to NY. Bus stop right outside store. Selling coffee, donuts, cigarettes would increase volume $500 daily. Add pre-made sandwiches positive suggestion. Also, lottery new to store is increasing in play. Sells 300 plus bottled water and cold drinks in warm weather. Has full basement for storage. Store is packed with merchandise. Additional lease options easy to obtain. Owner has doubled business in one year. Owner is buying new inscribed canopy. Owner will give terrific financing.
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| Year
Business was Established: 2001 |
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| Number of Employees:
2 FT |
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| Facilities / Terms of Lease:
Well frequented store, 1200 sq ft packed with merchandise full basement metered parking with municipal lot one block away. |
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| Potential
Growth/Expansion:
If owner were to stay he would open earlier to catch workers going to N.Y by bus. Bus stop directly in front of store. He would sell coffee, breakfast items to implement hot days and slurpies. Lottery morning traffic would definitely increase. |
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| Competition:
99 cent store across street less than one block away. Sales in comparison loaded with hard to sell items – mostly food. |
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| Owner
willing to finance:
Owner wants only 100,000 down makes much more in profit in a year. Two year payout also is a generous option. |
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| Owner
willing to train:
2 wks |
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| Reason for selling:
Other business interest |
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Seller Reference Number: 2786VM
BusinessMart.com Listing Number: 17033 |
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