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C-Store For Sale

8/wk
Camden County, New Jersey, United States
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Asking Price$795,000
RevenueUndisclosed Established1973
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$40,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent business opportunity to own this highly successful convenience store with the real estate located in Central New Jersey, Camden County. The price is fixed based on the property, municipal licensing, certificate of occupancy and various licensing value. The purchaser will not be responsible to purchase the business which will be delivered broom clean and closed. The business location has existed for many years as a profitable retail store with a steady and dependable income to the owner operator. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. This industry does not require government licensing approval to purchase or operate. This successful retail facility which consist of 1,885 square feet is fully equipped as an active convenience business. This opportunity is in Central New Jersey, Camden County, close to numerous highways and many other commercial businesses. The sale will not include employees and will be delivered closed and broom cleaned. No applicable, the sale will include the real estate. The business is in a free stranding commercial facility, on an active county road, consists of approximately 1885 square feet and has an estimated capacity for approximately twenty-five customers. The business fixed assets has an estimated value of approximately $40,000 which is based on infrastructure and licensing replacement value. The present tenant owns the equipment which will not be part of the sale. The facility has appropriate private parking on site as part of the commercial sale. This business operation is active seven days per week, with hours from 6:00 am to 9:00 pm. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. The seller of the real-estate has elected to sell the property and the tenant does not have an active lease agreement. The sale is due to the landlord’s desire to sell the property. The business presently has a no marketing plan or web site and a low inventory amount and if improved can further develop the business yearly gross sales. Competitors presently exist in the general area and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner of the property has agreed to supply an appropriate non-compete agreement to the purchaser. The business presently has a tenant without a lease agreement with the landlord and the 2016 yearly gross income is estimated at approximately $12,000 weekly. The price has been set at $795,000 based on the value of the property and equipment / assets and various required licensing, also and financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. The price has not been determined based on existing income. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.
Facilities:This successful retail facility which consist of 1,885 square feet is fully equipped as an active convenience business. This opportunity is in Central New Jersey, Camden County, close to numerous highways and many other commercial businesses.
Competition:Competitors presently exist in the general area and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner of the property has agreed to supply an appropriate non-compete agreement to the purchaser.
Growth Potential:The business presently has a no marketing plan or web site and a low inventory amount and if improved can further develop the business yearly gross sales.
Training/Support:The seller of the real-estate has elected to sell the property and the tenant does not have an active lease agreement.
Seller Financing:Some seller financing is available to qualified buyers.
Sale Reason:The sale is due to the owner’s retirement.
Ad #90595
Seller Reference #CSTR149
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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