Turnkey Gut-Renovated Supermarket For Sale-30129

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$800,000 $3,380,000

Food & Beverage: Grocery & Food Stores

Request More Information
Contact the Seller

RE: Turnkey Gut-Renovated Supermarket For Sale-30129 Broker: Nathan Goldstein

Quick Facts

Asking Price: $800,000
Annual Revenue: $3,380,000
Net Profit: Not Disclosed
Cash Flow: $310,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 76724447
Broker Reference #: 30129

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This Turnkey Supermarket was completely Gut Renovated 2 years ago to the tune of $2M including All New Fixtures and Refrigeration Units. Weekly gross sales average $65,000. Annual profits, inclusive of rebates, come to around $310,000. A good hands-on manager should be able to make (at least) another $100,000 in profits here. The current lease runs for another 17 years (with a 5 year option on top of that) and current rent is $16,000/month for 12,000 square feet at street level. Real estate tax is another $5,000/month. Do be very discreet when visiting this location, as the employees and customers do not know it is for sale. Then, kindly contact listing broker Jay Goldman should you have any questions and would like to make an appointment to speak with the owner.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other business interests.

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.

Relevant Links:

Request More Information
Contact the Seller

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!