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New Egypt, NJ

  • Listing No.: 206-20973

  • Category: Construction, Distribution, Retail

Asking Price $225,000
Down Payment $135,000
Gross Revenue $245,156
Total Adjusted Net Income $74,950
Equipment / Fixtures $15,000
Year Established 2021
General Location New Egypt, NJ
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Dominant in the area with huge opportunity for growth, you and your family can own this well-established, reputable, tile and stone business with years of experience in the home improvement industry. This successful establishment prides themselves on honesty, integrity, and exceptional customer service. With a prime location for home-owners on their way to and from the Jersey Shore, there is no competition for 38 miles. Independently owned and operated retail flooring business has provided excellent product and services to their residential and commercial clients throughout Central & Southern New Jersey. Motivated seller- call now!

Gross Revenue $245,156 Listed Price $225,000
Total Income $74,950 Down Payment $135,000
Base Rent $4,775 Square Feet 4500
Total Rent $4,775 Lease Expiration 06/2024
Rent Deposit $9,000 Lease Options 1 / 5 years
Inventory $5,000 Leasehold Improvements $0
Equipment / Fixtures $15,000 Other Assets
Full-Time Employees 1 Training Period Two weeks
Part-Time Employees Special License Required No
Contract Staff Reason for Selling Partnership Split Up, moving out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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