Convenience Store with Franchise Sub Shop

Listing Number: 6301-282614

Description

Profitable Convenience Store with Lottery, Franchise Sub Shop and Breakfast Menu Very low rent of $1500 per month for 900 square feet plus basement on a busy County Road. Owner purchased business 5 years ago for his father to operate. He is now 70 years old and ready to retire. One employee runs the franchise sub shop single handedly and is aware of the pending sale and will remain. The father runs the lottery and convenience store 8-4 while his son fills in the morning and afternoon most days. Lottery brings in $20,000 annually and is trending up. Recently contracted with Uber Eats, Grub Hub, Door Dash and Post mates which has increased profitable prepared food orders significantly . Kitchen include a 4 foot hood, six burner range and double fryer. Has ATM

Listing Details

  • Price: $110,000
  • Down Payment: $110,000
  • Sellers Discretionary Earnings: $52,600
  • Total Sales: $325,000
  • Location: Bergen County, New Jersey

  • Inventory: $10,000
  • FF&E: $20,000
  • Employees: 2
  • Year Established: 2010
  • Reason for Selling: Retirement
  • Category: Convenience Stores
Convenience Store with Franchise Sub Shop

Contact Agent:

Steve Zimmerman