Established Sweet Shop For Sale
www.GlobalBX.com
Listing ID:
700271612
Listing Title:
Established Sweet Shop For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=271612
Industry:
Food and Beverage
Industry Segment:
Other Food and Beverage
Country:
United States
State / Province:
New Jersey
Area
City:
Union County
Asking Price Range:
< $250K
Gross Revenues:
$80,000
Cash Flow:
$59,200
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
1 - 3
Business Description:
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.
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