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Gold Mine for Smart Buyer

New Jersey (Mercer County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $1,095,000 Inventory $65,000** 
Gross Income $670,000 Real Estate  
Cash Flow $330,000 Year Established 1980
FF&E N/A Employees 4

* included in the asking price

** not included in the asking price

Sellers are hands on operators but are burnt out and retiring after 25 years. A very steady business which requires a smart manager to control everything. Current employees have been with the Seller for very long and most will stay on provided Buyer is willing to keep them. Gasoline 125,000 Gallons a month, Store $89,000 a month, Lotto $30,000 sales a month, ATM, Money Orders, Western Union, Pre-paid Cell Phones, Phone Cards, Bill Payment Center and much more.

Facilities: A Great corner location right across from a major City High School. Good condition with 1,800 Sq.Ft Store. Open 24 hours

Competition: Very limited competition with pre-exisiting businesses. The unique services being provided by the Store are a big draw. Convenience is the other factor for a continious supply of repeat customers. Station across the srteet has no Convenience store except a kiosk.

Growth/Expansion: Plenty of room to grow provided the store is expanded which can be done with the landlord's premission.

Financing: Seller may finance inventory for short term

Support/Training: Seller will train for a week and more can be negotiated.

Reason Selling: Retiring after more than 25 years

Business For Sale By

Not Disclosed

American Business Advisors

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