Profitable Convenience Store with $75K Lotto Commission in Monmouth County, NJ

This listing presents a well-established convenience store situated in a prime strip mall location within Monmouth County, New Jersey. The business boasts a strong revenue stream, highlighted by $75,000 annually in lottery commissions and an additional $4,000 from an ATM. Gross revenue stands at $350,000, with Seller's Discretionary Earnings of $90,000. The store offers a variety of products including lottery tickets, snacks, phone cards, tobacco and smoking products, OTC medicine, and other groceries. Average daily sales are between $800-$900. The business operates seven days a week from 7:30 am to 8:30 pm. A long-term lease is available for the 2400 sq.ft. space at a monthly rent of $6,000. The seller, retiring after 20 years, is offering complete training and support. With minimal current advertising, there is substantial potential for growth, including adding a cold deli, ice cream, or sub shop. The business is designed for easy operation with limited payroll needs. Inventory is valued at $20,000 and is not included in the asking price. This is a prime opportunity for an owner-operator looking for a profitable and manageable business in a desirable location.