Convenience Store

Union County, NJ

Seller Financing Available
Convenience Store

Asking Price:$180,000

Cash Flow:$60,000

Gross Revenue:$374,000





*not included in asking price.

Convenience Store

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Business Description

This store was prior 7-Eleven in May 2014, it changed to Welsh Farm due to previous owners surgery was not able to take care of business and lost 7- Eleven Franchise. New seller changed into Welsh Farms where he does not have to pay franchise fee. New owner can bring bank Western Union, Electric & Gas bill pay so more commission comes. There are plenty of apts. nearby. Also in future prospect to buy gas station part and they convert the whole thing into a brand name gas like BP or Sunoco. Also the building is new only 3 years build it completely new with new gas station/ part too.

Detailed Information

Not included in asking price
5 years with 10year option
Few convenience stores in the vicinity of 2 to 3 miles
Growth & Expansion:
Newly built building 2 years old. Parking lot also newly completed 2 years ago.
Prime + 2%
Support & Training:
2 weeks
Reason for Selling:
Owner Retiring

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Naresh Patel

Business Listed By:
Naresh Patel

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