Established Supermarket in Hudson County, NJ 31348

Not Disclosed, NJ
Hudson County


Asking Price: Annual Revenue:
$400,000 $900,000

Food & Beverage: Grocery & Food Stores


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RE: Established Supermarket in Hudson County, NJ 31348 Broker: Syed Ahmed
Owner Financing is Available!
$400,000.00 Down & $150,000 over TBD.

Quick Facts

Asking Price: $400,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $120,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 5674447
Broker Reference #: 31348

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Business Overview:

This superbly-located supermarket of the organic foods is in the mist of several apartments' buildings in Hudson County in NJ. The neighborhood also has a national-known gym, and 4 day care centers and also many many commercial offices. The supermarket has no competition; therefore, the business is well-diversified, constant, and stable. It also serves breakfast, lunch, and dinners. The business is also famous for its well-known bakery products and coffee; also sells many many different kinds of merchandises to address the demands of the local community. Interior is extremely impressive looking and awesome. Seeing is believing. Its size is 4000 sq.ft. Neighborhood is extremely rich, so pricing has not been an issue: good profit margin. There are four partners, but now have developed some serious disagreement over the running of the business: have decided to sell this cash cow business. A new buyer, as he likes the business, can also be taken in as a partner, with mutual terms and conditions. Great location, non-competitive location, rich neighborhood. Seller's net cash flow is $120,000 a year.

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Reason for Selling:

A business rift within the partners.

Additional Details:

  • The property is owned.
  • 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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