Business Summary:
Very popular convenience store with lottery in a high traffic area of Bergen County. Students from a nearby school bring in much �after School� Business on weekdays. There�s no direct completion within a good 2-3 miles of the store. Plenty of free street parking directly in front of the store. The place has a neon light sign purchased for $7,000, which attracts customers at night �All� Furniture, Fixtures & Equipment valued at $45k are included in sale. Included are (2) walk-in freezers (one in basement) along a small freezer & other assets. New owner should put in a deli as there�s a �ready-made� Kitchen Other Income: Lottery $26k, ATM $3k = $29k. Please feel free to contact Seth Kain of Executive Business Brokers at 908-851-9040 ext. 287.
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| Year
Business was Established: 2010 |
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| Number of Employees:
1PT |
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| Facilities / Terms of Lease:
1,200 square feet along with a full size basement. �All� Furniture, Fixtures & Equipment are in excellent condition. There�s free street parking directly in front of store. Owner has 1 year left on his present (5) year lease + one 5 year option. A new owner should be able to get a longer lease term. |
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| Potential
Growth/Expansion:
A new owner should put in a deli since there�s a �ready-made� kitchen and minimal direct area competition-deli. A new owner should do some advertising and promotion to enhance sales. |
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| Competition:
There aren�t any other convenience stores within 2-3 miles of the store. It�s a very popular store amongst local area kids with a public school nearby. |
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| Owner
willing to train:
Up to 2 weeks |
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| Reason for selling:
The owner has a serious health issue |
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Seller Reference Number: 5423SK
BusinessMart.com Listing Number: 164214 |
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