Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840 /
BUSINESS PROFILE /
Profitable Convenience Store /
Location: Central New Jersey
Years Established: 22 Years
Under Present Owner: 14 years
Gross Sales: (3 yr average) $369,292
Cash Flow: (3 yr average) $ 31,945
Inventory: $ 25,000
FF&E: $50,000
Number of Employees: 2 FT, 1 PT
Asking Price: $ 110,000
Reason for Selling: Retirement
Lease Expiration: Can be negotiated
SUMMARY DESCRIPTION:
This is a great convenience store in a friendly neighborhood that has been operating successfully in Avenel, NJ since 1994. It is located close to local businesses with a large number of employees who are loyal clients. The business is in a free standing 3000 square foot building with plenty of parking.
Income is derived from several different revenue streams including grocery items, dry goods, lottery tickets, an ATM, a deli section and various other miscellaneous items.
This business affords a buyer with the unique opportunity to increase revenue and cash flow by advertising and offering special promotions to the community.
The ideal buyer is one who has the vision to build upon the foundation of an already successful business.
Sunbelt has been engaged by the seller to be the exclusive broker to facilitate a sale of the company as discussed in this Profile. The information and financial data in this Profile was provided by the seller and from other sources believed to be reliable and no representation or warranty is made by Sunbelt as to the completeness or accuracy of such information. A buyer should do such due diligence as they deem necessary to verify the accuracy of all information relied upon by buyer to buy the business. Any opinions expressed in this Profile are subject to change without notice.