Profitable Convenience Store with Lotto Sales in Monmouth County, NJ

This is a well-established convenience store located in a strip mall in Monmouth County, New Jersey. The business offers a variety of products including snacks, phone cards, smoking-related items, OTC medicine, and groceries. It generates substantial income from lottery commissions ($75,000/year) and ATM fees ($4,000/year), in addition to daily sales averaging $800-$900. The owner's net cash flow is reported to be between $9,000 and $10,000 per month. The business operates daily 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 is retiring and believes there is significant potential to triple the business with increased advertising and marketing. Opportunities for expansion include adding a cold deli, ice cream, or sub shop. The business is easy to operate, requiring limited payroll. The seller is offering complete training and support to the buyer. Inventory is valued at $20,000 and is not included in the asking price. Assets include a fully equipped kitchen, furniture, fixtures, and a POS system.