Profitable Convenience Store & Deli

Ocean County, NJ

Profitable Convenience Store & Deli
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Asking Price: Get Financing: $290,000

Cash Flow: $158,445

Gross Revenue: $290,000

EBITDA: N/A

FF&E: $30,000

Inventory: $30,000*

Lease Rate: N/A /SF

Established: 2016

*not included in asking price.

Profitable Convenience Store & Deli

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Business Description

A proven profitable convenience store with newly added Deli, two months ago, located in the midst of a huge residential community, in a well-established shopping center. The business serves the day to day needs of customers and has humidor for cigars. Affordable rent includes CAM, Real Estate taxes and Trash Hauling. Documented lottery commission of 53591.04 of 2016 has increased by 25% over the same period this year. Plenty of parking. ROI in no more than two years. Proof of funds required. Shown by appointment only. Associates please contact listing agent.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Highly Profitable Business added deli two months ago, Lottery income increased by 25% over the past year. In the midst of a large residential community affordable all-inclusive rent, humidor for cigars, motivated seller.
Competition:
Negligible
Growth & Expansion:
The deli business is promising lottery income has increased. Early opening and improved coffee service with donuts, muffins etc. can further augment revenue.
Support & Training:
Two Weeks
Reason for Selling:
Health Issues
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SURENDRA GANDHI

Business Listed By:
SURENDRA GANDHI

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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