Business Type: 
independent
Business Type: 
convenience store
Location: 
New Jersey
Price: 
$375,000
Sales Revenue: 
$1,400,000
Cash Flow: 
$150,000
Realestate Included: 
No
Inventory: 
$75,000
Employees: 
2
Internal Listing:: 
7759
Reason for Sale: 
Too far from his other stores.

The location of this store is perfect for business. The store was formerly a Wawa, and now is an independent store in a Wawa type setting. This convenience store does a brisk walk-in business (foot traffic has been described as one-sies/two-sies all day long). The register does this with a negligible deli business at lunch time. The deli section should be restored to a Wawa sized deli counter. This would provide an additional boost to sales at breakfast, lunch, and dinner times. Register sales are $600,000 per year, with an additional $48,000 lottery commission. Current ownership has been running the store absentee. An incoming owner operator could offset much of the debt service by replacing the manager and working the store. This is a fabulous opportunity for a buyer WITH RETAIL MANAGEMENY/OWNERSHIP BACKGROUND. The seller will hold paper for an EXPERIENCED, QUALIFIED OPERATOR ONLY.
BUSINESS SHOWN STRICKTLY BY APPOINTMENT ONLY, (ABSOLUTELY NO DRIVE-BYS), WITH SIGNED NDA/FINANCIAL STATEMENT
Detailed Information
Facilities:
This is a large convenience store (2,900+/- sf). End cap of shopping center at a light.
Financing:
100,000 @6% 10yrs with 5yr balloon
Support/Training:
2 Weeks
Reason Selling:
The store is too far from his other stores.

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