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Business For Sale

Upscale Grocery and Liquor Store

Monmouth County, NJ, USA

Food & Beverage: Conv & Food Stores

Owner Financing is Available
$600,000 for 10 years with 5 year balloon at 6% to qualified buyer
Asking Price:
Year Established:
Employees:
Listing Number:
$1,200,000
1999
14
89211658
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,699,000
Not Disclosed
$235,000
Not Disclosed

Business for Sale Overview:

This one of a kind business has been established in these year round Jersey Shore communities for over 20 years. One store is ½ block from the beach and 4 private beach clubs, and caters a client base that doubles in the summer months. The store has a full liquor department. They sell fresh deli, meats, seafood, and groceries. The 10,000 sq ft store also has a cigar department. The second store about five miles away and is three blocks from the beach, in an upscale community of million dollar homes. Similar in foot print this store has a gourmet meat and seafood department, along with a full liquor department, fresh produce and groceries. A savvy buyer can purchase both stores, both they can also be purchase separately. Cash flow reflects one Full Time owner-operator taking no salary.

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

Reason for Selling:

Other business interests

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Upscale Grocery and Liquor Store
Business Listed By:
Not Disclosed
Tannenbaum & Mehta
contact the seller
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