Convenient store with Potential to grow

This is a well and Long established CONVENIENT store in south Jersey. It is on corner of Major crossing road with easy excess in a strip center. It is at the first corner location in the strip center when you enter. Store is about 3500 sq ft with plenty of shelving & gondola on floor.Store have a big cooler with enough space. It has a nice new counter display and good looking cigar display on wall and floor. All equipment are very well maintain. Business growing in sell constantly in covid-19. There are lots of potential in the store. Seller is in looking to buy other business near by his resident . The price has been set very competitively and based on fair market value Based on the asking price and yearly net income,and it is firm.This is good opportunity for owner operator. Lottery inventory (extra) is about $20000 and need to purchase in cash at the time of settlement. The cash flow noted is for an owner/operator working 50 hrs/wk taking NO salary and before debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only. Reason for Sale : Looking for other business near his Residential Area.
 
Geography: State:New Jersey  County:
Asking Price: $99,000
Cash Flow: $60,000
Down Payment: $99,000
Franchise: -
Reason for Selling:
Re Inc.: No

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