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Established Sweet Shop For Sale
Location: United States -> New Jersey -> Union County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Situated in Central Jersey, this 30 year old convenience store is poised for significant growth. The existing market is woefully undeserved- there is a substantial employment base in the immediate vicinity coming from a post office, police station, library and court house- all in a short walking distance as is the bus stop. And, the immediate neighborhood is undergoing rapid development as well bringing in a multitude of new condominiums and, with it, potential business.

The current owner is retiring. He has diminished the hours of operations over the years and no longer provides more than coffee and a muffin for breakfast unlike in years past and he offers no lunch. The store has counter seating and is about 50% utilized providing ample room to establish sit-down tables. It does minimal take-out business and offers no delivery service to what is almost a large and now growing captive market.

The store provides money order, newspaper and lottery services and a sparse selection of snack and grocery items. It closes each weekday at 5:30 om just before return buses carry back workers almost to his door. Saturday, the store closes at 2 pm and it does not open on Sundays. The neighborhood is well-suited for either an upscale cafe or for a food delivery service. Please contact the broker at 1-877-735-5224.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $80,000
Cash Flow:   $59,200
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will train the new owner.




Print Listing Id: 700271612
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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