Deli Convenience-Store and Mini Grocery - 31272

Not Disclosed, NJ
Hudson County

Asking Price: Annual Revenue:
$135,000 $375,000

Food & Beverage: Convenience Stores

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RE: Deli Convenience-Store and Mini Grocery - 31272 Broker: Mel Vaz

Quick Facts

Asking Price: $135,000
Annual Revenue: $375,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 38574447
Broker Reference #: 31272

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Business Overview:

Deli C-Store and Mini Grocery just outside of Manhattan. RUN ON AN ABSENTEE BASIS. The owner only comes in 1 hour/week. This is a spacious 2,000 sq. ft. store (with a full 2,000 square feet basement) in a densely populated residential neighborhood. There are over 1,500 apartments in the area. They offer a deli counter and c-store plus, including 5 large freezers. It is more of a mini supermarket. THERE ARE 8 YEARS LEFT ON THE CURRENT LEASE AT A RENT OF ONLY $2,800/Month. In the past year the business grossed approximately $375,000.00 with a net cash flow of approximately $50,000.00 (after paying a full staff). An owner operator could see a net income of $75,000 or more. The store needs some cosmetic work, but has good bones and is in a great corner location. We are seeking a serious and financially qualified buyer with at least $135,000 in liquid funds. To learn more, please contact Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Partner retired. Remaining partner owns another business.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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