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Business For Sale

Produce & Grocery Retail Operation-REDUCED

Passaic County, NJ, USA

Food & Beverage: Producers, Bakery, Farms

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$900,000
$2,511,885
Not Disclosed
$238,355
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
10
634622777
Owner Financing is Available
Excellent Seller financing. Will consider all offers

Business for Sale Overview:

Absentee owner. New Hands On Buyer can reap the existing positive cash flow PLUS draw themselves a comfortable living while decreasing payroll expense . Excellent owner financing to qualified buyer. Great opportunity to enter a solid industry Retail Food . Seller not active! Catch this great opportunity to take over this operation centrally located within a Farmers' Market, offering retail produce & grocery products. This high traffic market offers the following to a new owner; 2 retail and 1 wholesale operation, sold separately or as a package. Real estate can be included. The marketplace has enjoyed 75 years of successful operation and currently has undergone a $2.14M total marketplace face lift. The owner is offering 2 retail operations plus 1 wholesale operation. This opportunity can be bundled as a package, or the retail locations can be sold separately. Seller owns multiple real estate buildings within the market which can be attached to a total buyout. Seller will lease back cold & dry storage within additionally owned properties. Very lucrative cash generating services. Prime corner street location centered within the marketplace. Offering a wide variety of produce, grocery and meat products. Excellent Seller Financing. Will consider all offers . Act now and get in on this great opportunity while it lasts!

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

4,870 square foot facility, centrally located in newly renovated Farmers Market. Inventory not included in price. Will be calcualted at closing

Market Competition and Expansion:

Package deal possibility with other retail and wholesale opportunities.

Reason for Selling:

Illness. Very motivated seller is ready to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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