Owner Financing is Available!
Business Overview:
This 50 year old neighborhood institution is the only grocery store around. Located in Essex County with 3,500 square feet of store space and another 3,500 square feet of basement space, higher than average margins on groceries and a brisk business in lottery, cigarettes, and ice, this is an attractive business. It comes with a 20 year lease and is currently being run absentee. For further information please contact Howard Kupferman.
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:
3,500 square feet grocery store with another 3,500 square feet basement in an inner city community. Highly profitable with excellent lottery, cigarette and “ice” revenues. A twenty year lease.
Market Competition and Expansion:
Competition - Limited
Reason for Selling:
Divestiture
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: