244 South Street

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244 South Street

Newark, NJ 07114
Business Price
$1.25M
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

What's Special

Business for Sale | 1 SqFt <ul><li>​Business with 20 years of operation, a local customer base, and a presence in a strong commercial area. This reduces the risk of starting from zero.</li><li>​More than $400K in tangible assets are included. The buyer is not purchasing only a promise of future revenue.</li><li>​The recent decrease in revenue creates room for growth through active sales, digital marketing, customer reactivation, and improved inventory turnover.</li><li>​Small team, known operating costs, and a recently re

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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