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Posted: Wednesday, August 30, 2017 2:46 PM

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News Stand Kiosk (Franchise) in Busy Mall Location

Business Description: News Stand Kiosk (Franchise) in Busy Mall Location. This kiosk has been established for over 20 yrs. in a high-end mall location.
They sell general convenience items at a tremendous margin, approx. 55%. THAT IS NOT A TYPO. The margins are much higher due the location and virtually no competition.
In the past year, the business grossed approx. $350,000.00 with an owner/operator cash flow of approx. $90,000.00. LOTTO COMMISSION WAS APPROX. $25K IN THE PAST YEAR.
The overhead is minimal, with a rent of $5k/mth. that includes water, electric, garbage, etc.).
They are open the typical mall hours, M-Sat.10am-9:30pm, Sun 11am-7pm.
We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the downpayment, inventory and rent security.
Any buyer must have good credit for mall lease approval. If you meet the criteria, please call Mel Vaz at 1-877-735-5224.

Asking Price: $175,000.00

Gross Revenue: $350,000.00

Owner's Cash Flow: $90,000.00

Down Payment: $130,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

• Location: Fairfield County, Other

• Post ID: 129163503 nyother

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