Food Mart, Liquor & Lotto

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$275,000 $800,000

Food & Beverage: Grocery & Food Stores


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RE: Food Mart, Liquor & Lotto Broker: Ron Cervelli
Owner Financing is Available!
Available to a qualified buyer.

Quick Facts

Asking Price: $275,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 99563909
Broker Reference #: FMKT174

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Business Overview:

Priced to sell for this highly profitable forty-year-old food market which included a valuable distribution liquor license with a yearly gross income of $800,000 and a net yearly income of approximately $125,000. This combination deli, mart and Lotto is located in Northern New Jersey in Bergen County on an active county road. The business food offerings consist of all the favorite products including deli products which represent a substantial markup to the net yearly income. Priced to sell for this highly profitable forty-year-old food market which included a valuable distribution liquor license with a yearly gross income of $800,000 and a net yearly income of approximately $125,000. This combination deli, mart and Lotto is located in Northern New Jersey in Bergen County on an active county road. The business food offerings consist of all the favorite products including deli products which represent a substantial markup to the net yearly income. This is a dependable business opportunity which can be substantially improved with an increased income. This business opportunity has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $4,600, rent per square foot $27.00 and rent security $4,500. The 2018 yearly gross income represented by the seller/owner is $800,000 and the business has a yearly net income of approximately $125,000 based on an onsite owner operator and prior to any debt service. Also, due to the possibility of seller discretionary income, a formal due diligence is recommended by the purchaser. This is a dependable business opportunity which can be substantially improved with an increased income. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

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Property Features and Assets:

This long standing highly successful retail business which offers deli, food mart and liquor products is located on a busy avenue with lots of drive by vehicles. The business facility is consisting of approximately 2,000 square feet with a clean attractive image. The business is in a free-standing commercial store located in Northern New Jersey, Bergen County, on an active county road and consists of various highly populated communities with continued demand for this food service.

Market Competition and Expansion:

To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser. The business presently has a limited marketing plan, minimal liquor sales and a stale menu, and if improve the business bottom line corporate income.

Reason for Selling:

The owner is relocating into an alternative larger.

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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