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Advert Ref: SC NJ 1

Street Corner Convenience Store Franchise For Sale

Details: Asking price:$200,000; Sales revenue:$120,000; Net profit:< $250k; Fixtures value:Undisclosed; Inventory value:$14,000

Business description: The Street Corner concept fills a real need -- for both shoppers and mall employees. Street Corner offers them a place to buy those items that can't be found anywhere else in the mall. As well as a welcome spot to just take a break ... from the shopping or the job. The Street Corner store is where people can pop in for a soft drink or bag of chips, get a pack of cigarettes or buy a needed drug store item.

$20,000 of inventory included with price except $6,000 in cigarettes.

General information: Franchise opportunity; Years established:3 years.; Employees: Can be run with 1 pt and 1 ft; Trading hours: 8 to 9:30 PM Monday to Saturday 9 to 6:00 PM Sunday; Location:Newport Centre Mall; Expansion potential:20% off the franchise fee for each additional store.; Competition / Market:There are no competitors.; Support & training:40 hours, after that as needed.; Reasons for selling:Busy with family issues.; Financing available?75 percent down and rest at 6% interest.