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C-Store & Restaurant
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $170000
Net Profit / Cash Flow $40000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Inventory $145,000 equipment only.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale Relocating out of this business due to an alternative opportunity.
Description Great opportunity to own this modern combination business which has been built as a C-Store Mart, Deli & Pizzeria retail operation in a new mall and located in Morris County, Northern New Jersey. The shop is two years young and designed to operate as various businesses. This 1,700 square foot retail business is built with a great deal of planning and with the best possible equipment. The business has a large walk in refrigeration unit, a full kitchen and a seating capacity for 25 customers. The business has a commercial eleven year lease with a monthly rent of $2,900. The sale includes walk in refrigeration units, freezers, complete kitchen, counters, pizza ovens and various equipment to maintain the business.
The business is in an attractive mall with substantial private parking and located on a main avenue minutes from major highways. Based on the asking price, required down payment and net income this business should supply a 35% return to the owner operator prior to debt service. Located in a Northern New Jersey Morris County located on an active county road close to two major state highways. The facility consists of 1,700 square feet in a modern recently build commercial mall with private parking as part of the lease agreement. The facility has a private entrance and all equipment is in excellent condition.
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