Profitable Mediterranean C-Store in Safe Area

Union County, NJ

Seller Financing Available
Profitable Mediterranean C-Store in Safe Area

Asking Price:$239,000

Cash Flow:$232,635

Gross Revenue:$760,108

EBITDA:N/A

FF&E:$50,000

Inventory:$120,000*

Established:8

*not included in asking price.

Profitable Mediterranean C-Store in Safe Area

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Business Description

Profitable Mediterranean multi-convenience stores right off a large thoroughfare in a safe area. Located right next to a popular pizza chain with plenty of parking out front along with a back lot. The owner has a health issue prompting the sale. FURNITURE, FIXTURES, & EQUIPMENT valued @ $50,000 is included in the sale. The owner recently met with landlord & confirmed a new owner can get a favorable lease situation. OTHER INCOME: Lottery $4,932, Western Union $5,900, ATM $1,000, FedEx Shipping $725= $12,557. A new owner should do some advertising to promote all its services, which includes bus tickets. Contact Seth Kain @ 201-317-4710 for additional details and showing.

Detailed Information

Inventory:
Not included in asking price
Employees:
3FT/ 2PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Profitable Mediterranean multi-convenience stores right off a large thoroughfare in a safe area. Located right next to a popular pizza chain with plenty of parking out front along with a back lot. The owner has a health issue prompting the sale. FURNITURE, FIXTURES, & EQUIPMENT valued @ $50,000 is included in the sale. The owner recently met with landlord & confirmed a new owner can get a favorable lease situation. OTHER INCOME: Lottery $4,932, Western Union $5,900, ATM $1,000, FedEx Shipping $725= $12,557. A new owner should do some advertising to promote all its services, which includes bus tickets. Contact Seth Kain @ 201-317-4710 for additional details and showing.
Competition:
There is no direct competition for the exact product in the town. The store also offers additional services; Western Union, FedEx shipping and bus tickets.
Growth & Expansion:
A new owner should do some advertising and portion. Since they offer a lot of additional services, it’d be best to try to reach a large amount of potential customers through advertising.
Financing:
The owner is offering “seller financing” all terms are negotiable.
Support & Training:
A minimum of 2 weeks training at no cost to the buyer
Reason for Selling:
The owner has a health issue

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Seth Kain

Business Listed By:
Seth Kain

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Larry Bodner

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