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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

Convenience Store & Property

Location  New Jersey,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $450000
Net Profit / Cash Flow  $100000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1960
Number of Employees  1 - 3
Inventory  125000 Equipment & 1500 Inventory
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller will remain after closing and supply a long term transitional period.
Reason for Sale  The owner is absentee and involved in an alternative business.
Description  Excellent opportunity to own this successful convenience store business which includes the real estate with rental incomes. The building consists of the convenient store, an additional store front and a residential apartment. The convenience store which is included in the sale has a gross yearly income of $450,000 and a consistent net yearly income. The business also has additional income from Lotto and ATM services. This business is fifty years old and represents a solid opportunity with continued income. Based on the asking price, required down payment and net income this business should supply a 20% return to the owner operator prior to debt service. The facilities consist of two stores with a total of 2,900 square feet in a commercial building on an active county road with a high level of drive by traffic. This business is located in Sussex County, New Jersey minutes from Highway 80 on an active county road. This general area has a substantial population with continued demand for this service.
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