Circle K Convenience Store for Sale in Egg Harbor, NJ

This listing is for a Circle K convenience store located in Egg Harbor, NJ. The business is a turnkey operation with no gas sales, focusing solely on convenience store offerings. It boasts a history of strong sales, with monthly averages reported between $140,000 and $150,000, and additional all-year average lotto sales of $37,000 per month. The store is currently operated absentee by a manager for the past 1.5 years, presenting a significant opportunity for a hands-on owner to increase profitability. The lease is a standard PMPA lease that renews every three years, with a starting rent of $12,670 per month. Additional costs include a $25,000 deposit to the landlord (Fuel Company) and a $25,000 franchise fee to Circle K. Inventory is separate but seller financing is available for it, valued at $80,000-$100,000. There is potential to increase sales by 15% by introducing hot food options. The asking price is $50,000, with a motivated seller aiming for a quick close within 35 days. The business requires buyer approval based on credit history due to being owned by a fuel company.