Elizabeth City, NJ 07201 943 Elizabeth Ave
$55,000



7 more








Presented By: CORCORAN INFINITY PROPERTIES; 201-666-0777
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Be your own boss! Purchase this long-standing, successfully operating business with positive cash flow and significant upside growth opportunity. This business has been operated by the Seller for 10 years and is positioned for further growth by the new owner through expanded sales of convenience items and lottery proceeds. Build your cash flow on the strategic location in a highly visible and thriving commercial area with excellent signage visibility, pedestrian and vehicular traffic, and ample public parking. Benefit from customer traffic to and from the adjacent cannabis dispensary and other nearby business establishments. Seller willing to guide the new owner. List price includes all inventory, equipment, fixtures, and furnishings, except Point-of-Sale equipment/software and business name. Landlord open to new lease with new owner. Approx. 1,500 square feet of retail floor area (per Seller), plus basement storage. New business name and signage required.
Presented By: CORCORAN INFINITY PROPERTIES; 201-666-0777
Interior Features for 943 Elizabeth Ave
Bathrooms
Half Baths1
Other Interior Features
BasementPartial, Unfinished
Fuel TypeGas-Natural
General for 943 Elizabeth Ave
Business NameUrge Smoke Shop
Business TypeRetail
Cooling1 Unit, Central Air
CountyUnion
Directionswest of Reid St
Documents AvailableFinancial Statements
Drive1 Car Width, Driveway-Shared
Existing Lease3-5 Years, New Lease Required, Seller Does Not Own Building
GarageOn-Street Parking, See Remarks
Gross Income310606
Heating1 Unit, Forced Hot Air
Leasable Area1875
Lease Amount3406
LocationBusiness District, Commercial Area, Shared Building
Net Operating Income29004
Number of Employees2
Operating Expense132510
OwnershipSee Remarks
PossessionFlexible
SewerPublic Sewer
Standard StatusActive
StatusActive
Town #2904
TownshipElizabeth City
UtilitiesElectric, Gas In Street
ZoningC-2 & CRO
Exterior for 943 Elizabeth Ave
Building Area Total1875
Road TypeCounty Street
Water SourcePublic Water
Additional Details
Price History
