Established Food Market in Cumberland County-29558

Not Disclosed, NJ
Cumberland County

Asking Price: Annual Revenue:
$110,000 $270,000

Food & Beverage: Grocery & Food Stores

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RE: Established Food Market in Cumberland County-29558 Broker: Gerald Nimberg
Owner Financing is Available!
$110,000.00 Down & TBD

Quick Facts

Asking Price: $110,000
Annual Revenue: $270,000
Net Profit: Not Disclosed
Cash Flow: $97,000
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 43874447
Broker Reference #: 29558

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Business Overview:

PRICE REDUCTION! THE SELLER MUST SELL.A convenience food market located in Cumberland County, New Jersey is available for purchase. The store carries groceries, snack items, cigarettes, lottery, drinks and more.The Seller is ill and is now unable to come in to the store. His father who is in his 80s is now trying to manage the store in his sons absence.Despite the seller's illness, the store remains profitable, and its upside growth is huge. Restore the hours and add deli, money orders, money transfers, bill payment and other financial services, which are sorely lacking in the community, and the business becomes a steal.The rent is low, the lease is long, and the market is needy. The seller MUST SELL. Financing is available to a qualified buyer. Please contact the broker or use email reply button of this ad to contact us.

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Reason for Selling:

Illness in Family.

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.

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