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Vacant Convenience Store For Sale

Camden County, New Jersey, United States
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Asking Price$695,000
RevenueUndisclosed Established1973
Cash FlowUndisclosed EmployeesUndisclosed
FF&E$5,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent business opportunity to own this highly successful convenience store, presently closed 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 previous tenants lease expired and was unable to purchase the property which will now be delivered in 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 industry does not require government licensing approval to purchase or operate. The sale will not include employees and will be delivered closed and broom cleaned. 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 $5,000 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 was 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 previous tenant had an average weekly gross income of approximately $12,000 weekly.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. 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 cannot assist.
Seller Financing:Conditionally approved to a qualified buyer with an appropriate down payment.
Sale Reason:The sale is due to the landlord’s desire to sell the property.
Ad #98905
Seller Reference #CSTR173
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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