Morris County Convenience Store with High Lottery Commission
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Financial Details
- Asking Price:
- $150,000
- Cash Flow / SDE:
- $65,000
- Valuation Multiple:
- 2.3x
- Location:
- Morris County, NJ, US
- Source:
- Date:
- July 08, 2025
Key Highlights
- High lottery commission income ($75k-$80k annually).
- Located on a busy county road in Morris County, NJ.
- Opportunity to expand inventory and add a deli.
Description
This is a convenience store located on a busy county road in Morris County, New Jersey. The business derives most of its profits from lottery commissions, which amount to $75,000-$80,000 annually. There is potential to expand the inventory and introduce a deli. The business is currently operated by a husband and wife, with no other employees. The rent is $2,500 per month, including CAM of approximately $1,200 per year.
Industry Information
- Industry Description:
- Convenience Stores
- Classification:
- Retail
Listing Details
- Listing ID:
- 88c2dd63-7e3d-410a-a887-745e38dbf5f2
- Deal Status:
- For Sale
- Date Posted:
- July 08, 2025
- Last Updated:
- July 08, 2025
- Currency:
- USD
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