Supermarket - Hyper Convenience Store
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $1850000
Net Profit / Cash Flow $175000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1953
Number of Employees 10 - 19
Inventory 350000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training Seller will provide training and transition.
Reason for Sale Other interests.
Description PRICE REDUCTION to $299K which includes $150K in inventory and $200K in FF&E makes this an outstanding opportunity. This very profitable business is a well established supermarket providing friendly personal service supplying all the household necessities with many extras including a popular hot and cold food department, complete deli and produce section along with catering services. With over 5000 sq. ft., this business is much more than a hyper- convenience store while less than your traditional supermarket. The ideal buyer will have experience in this type of retail business and/or have a food preparation background. A full time owner/operator will generate additional cash flow since the seller operates the business semi absentee. A lottery generates additional cash flow. The business has an excellent location with minimum competition.
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