Grocery Store

Not Disclosed, NJ
Mercer County


Asking Price: Annual Revenue:
$350,000 $306,700

Food & Beverage: Grocery & Food Stores


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RE: Grocery Store Broker: corporate business brokers

Quick Facts

Asking Price: $350,000
Annual Revenue: $306,700
Net Profit: $160,038
Cash Flow: $160,038
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 3
BBN Listing #: 595314750
Broker Reference #: 00794

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Business Overview:

A corner grocery store that does around $55,000 per month in gross sales mostly sandwiches and deli where the profit is from 70-80 % on all deli sales. Neighborhood store that has been established for a long time. The owner has been there for many years and selling due to health problem that arised lately. The store now runs by employees and very minimum supervision. Cigarette sales are very low and its only about 10-12 cartons every week. so most of the sales have a very high margin. The store has a new walking cooler, new grill, new exhaust system and does very well in the deli and sandwiches section. It also has a dry basement for storage. building is also for sale that generates income in the amount of $2,500/month plus the store rent.whomever is buying the property will be paying mortgage less than the collected rent. The area is very safe.

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Reason for Selling:

Personal

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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