Englewood NJ store with commuter traffic
Business Description
Juniors's Convenience Store offers a high-margin, turnkey opportunity in Englewood, NJ, combining prime location advantages with diverse revenue streams. Key features include:
Transit-Adjacent Location : Situated on Palisade Ave, a major thoroughfare near NYC commuter hubs, ensuring steady foot traffic
.
High-Margin Revenue Streams : Net-profit lottery sales ($112K/year) and cigarette sales (11% gross margin), complemented by ATM and rebate income
.
Turnkey Operation : Fully equipped store with POS system, security cameras, and existing vendor contracts, ready for immediate takeover
.
Growth Potential : Expand into hot/cold food, sandwiches, or grab-and-go meals to capitalize on commuter demand
.
Legal & Operational Clarity : Transferable lottery license and compliance with local regulations, minimizing buyer risk
Transit-Adjacent Location : Situated on Palisade Ave, a major thoroughfare near NYC commuter hubs, ensuring steady foot traffic
.
High-Margin Revenue Streams : Net-profit lottery sales ($112K/year) and cigarette sales (11% gross margin), complemented by ATM and rebate income
.
Turnkey Operation : Fully equipped store with POS system, security cameras, and existing vendor contracts, ready for immediate takeover
.
Growth Potential : Expand into hot/cold food, sandwiches, or grab-and-go meals to capitalize on commuter demand
.
Legal & Operational Clarity : Transferable lottery license and compliance with local regulations, minimizing buyer risk
About the Business
- Years in Operation
- 7
- Employees
- 2
- Facilities & Assets
- Financial Highlights
Annual Gross Revenue : $251,423 (cigarettes, groceries, and other sales)
High-Margin Income Streams :
Lottery : $112,000/year (net profit, fully transferable license)
ATM & Rebate Income : $9,400/year
Total Net Income : $105,669/year (pre-owner salary)
Key Expenses :
Rent : $39,180/year (4% of gross revenue, industry average
Utilities : $5,640/year
Wages : $35,040/year (staff only; no owner labor costs included
Physical Assets : POS system, security cameras, and existing vendor contracts - Market Outlook / Competition
- Key Features
Transit-Adjacent Location :
Situated on Palisade Ave , a major thoroughfare with proximity to NYC transit stops, driving commuter foot traffic.
Serves Englewood’s dense residential population (29,624 residents) and regional shoppers.
Stable Revenue Drivers :
Lottery Sales : 95% of lottery customers purchase additional items (avg. $10 basket).
High-Margin Products : 11% gross margin on cigarettes + 40% on groceries . - Opportunities for Growth
- Growth Opportunities :
Expand into sandwiches, hot/cold food , or grab-and-go meal prep to cater to commuters.
Add seasonal offerings (e.g., cold beverages, hot drinks).
Explore partnerships with nearby businesses (e.g., coffee vendors).
Location & Demographics
Area : Englewood, NJ – A historic city with strong NYC commuter ties and growing retail activity.
Foot Traffic : Moderate vehicular flow (4,425 daily vehicles on major roads) and proximity to transit hubs.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 800
- Rent
- $3,265.00 per month
- Lease Expiration
- 5/31/2030
About the Sale
- Seller Motivation
- New Venture
- Transition Support
- Competition : Minimal direct competitors nearby; Walmart Supercenter located ~5 miles away.
Low Overhead : Rent and utilities align with industry benchmarks (4% and 2.2% of gross revenue, respectively
Scalable Model : High-margin lottery and cigarette sales provide a foundation for food service expansion.
Fully compliant operations with transferable lottery license - Financing Options
- Not Applicable
Listing Info
- ID
- 2363672
- Listing Views
- 1223
Business Location
Listing ID: 2363672 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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