MergerPlace

Profitable Grocery & Deli

New Jersey (Essex)


  • Asking Price: $85,000
  • Gross Income: $260,000
  • Cash Flow: $92,868
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $16,000
  • Listing ID: #211630
  • Established: 14
  • Employees: 2 PT

Business Description

Viable & profitable grocery on main street of town, surrounded by businesses and homes, schools and bus stops nearby also bring good foot traffic. Growth potential in activating fully equipped deli section. Additional income from Lottery (9k) and ATM (6k). Owner's income as a FT employee is part of operating profit. Contact Solomon for more information.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Essex

Company Information

Year Established: 14
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $85,000
Gross Revenue: $260,000
Cash Flow: $92,868
FF&E: $16,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

600 sq ft & 200 sq ft basement, equipment & furniture in good condition, parking on street, bus stops nearby, 3.5 year lease plus 4 year option

Growth & expansion opportunities:

Activate deli section, which is fully equipped but not currently operating, and add social media delivery.

Competition:

None nearby.

Reason for selling:

Moving to home country

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers