*Price Reduced* Convenience/ Lottery Biz on the Hudson - Amazing*Rent

Plaza, NJ (Hudson County)

*Price Reduced* Convenience/ Lottery Biz on the Hudson - Amazing*Rent
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Asking Price: Get Financing: $99,000

Cash Flow: $102,000

Gross Revenue: $228,638

EBITDA: N/A

FF&E: $30,000

Inventory: $15,000

Established: 1990

*Price Reduced* Convenience/ Lottery Biz on the Hudson - Amazing*Rent

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Business Description

This approx. 1,000 s. ft. Convenience Store and Lottery Biz is located on one of main roads in heart of New Jersey's traditional manufacturing, distribution, and maritime City of over 63,000 people, Hudson County. The business is established well over 10 years under present ownership and positioned within walking distance of numerous surrounding apartment buildings, multi-family houses, local businesses, etc. Several Larger Cooling units were newly installed.
Additional conveniences for customers as well as ancillary income of the operation are further enhanced by NJ Lottery, owned ATM services, brisk phone card sales already in place.
Current flat/ gross rent of only $ 1,025 per month greatly contributes to the owner's higher net income.

Seller Relocating, All Reasonable Offers Considered

Detailed Information

Inventory:
Included in asking price
Employees:
1f.t +1p.t.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
See general description
Competition:
See general description
Growth & Expansion:
See general description
Financing:
Seller may consider partial financing to a qualified purchaser
Support & Training:
Reasonable time for smooth transition
Reason for Selling:
Moving out of State
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Contact the Seller

(from currently available funds)
 
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Andrey Samarov

Business Listed By:
Andrey Samarov

Martin H. Hochadel Agency

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Sponsoring Broker:
Ron Bird

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