Popular Supermarket For Sale-27973

Bergen County, NJ

Seller Financing Available
Popular Supermarket For Sale-27973

Asking Price:$699,900

Cash Flow:$245,920

Gross Revenue:$1,716,000

EBITDA:N/A

FF&E:$350,000

Inventory:$140,000*

Established:N/A

*not included in asking price.

Popular Supermarket For Sale-27973

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Business Description

Sellers owns several successful businesses and the only reason for selling this brand new, profitable supermarket is other business obligations and the family wants to move out of state. Take advantage if this new supermarket making $33,000 per week with a COGS of 61% to 63%, landlord is easy to deal with on the assignment of the 20 year lease. The location cannot get better next to major highways as well as a major bridge and tunnel. The community is well diversified with strong Russian, Armenian, Spanish, and Italian loyal customers. They absolutely love this supermarket. It offers isles and isles of groceries, poultry, meats, dairy products, fresh produce, salad bar, and deli. The business also has room to add a bakery and fresh fish departments. This would easily bring the revenue up to $75,000 per week. Call the broker for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Inventory:
Not included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
699,900.00 Down & Negotiable, some seller finance optional.
Support & Training:
The seller will train the new owner.
Reason for Selling:
Selling due to family matters.

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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