Profitable Grocery & Deli

Not Disclosed, NJ
Essex County

Asking Price: Annual Revenue:
$85,000 $260,000

Food & Beverage: Grocery & Food Stores

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RE: Profitable Grocery & Deli Broker: Solomon Sasson

Quick Facts

Asking Price: $85,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $92,868
Total Debt: Not Disclosed
FF&E: $16,000
Real Estate: Not Disclosed
Year Established: 14
Employees: 2
BBN Listing #: 89442979
Broker Reference #: 6317ss

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Business Overview:

Viable & profitable grocery on main street of town, schools and bus stops nearby also bring good foot traffic. Growth potential in activating fully equipped deli section. Additional income from Lottery ($9,000) and ATM ($6,000). Owner's income as a Full Time employee is part of operating profit. Contact Solomon for more information.

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Property Features and Assets:

600 square feet & 200 square feet basement, equipment & furniture in good condition, parking on street, bus stops nearby, 3.5 year lease plus 4 year option.

Market Competition and Expansion:

None nearby. Activate deli section, which is fully equipped but not currently operating, and add social media delivery.

Reason for Selling:

Moving to home country.

Additional Details:

  • The property is leased.
  • 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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