Lucrative Convenience Store
www.GlobalBX.com
Listing ID:
700216592
Listing Title:
Lucrative Convenience Store
Quick Link:
http://www.globalbx.com/listing.asp?bId=216592
Industry:
Food and Beverage
Industry Segment:
Catering Services
Country:
United States
State / Province:
New Jersey
Area
City:
Hudson County
Asking Price Range:
< $250K
Gross Revenues:
$425
Cash Flow:
$54,400
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1962
Number of Employees:
1 - 3
Business Description:
Longstanding deli, convenience and liquor store with fresh and sharp appearance. Premises include full basement,camera security system and office. Low rent which is constant for the next 4 years with only 2% increase after 4 years. Other income includes: $16,500 lottery commission, $1,800 ATM, $5,000 casino tickets and $7,800 tobacco rebate. Sales breakdown: 30% grocery, 20% deli, 28% wine, 5% liquor, 17% general merchandise & tobacco.
Liquor license by itself is worth $125,000. Landlord plans to make property available for sale in 5 years including 6 apartments and 1 office. Make your inquiry without delay! Call 877-735-5224
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