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Atlantic County, NJ
This Supermarket already turns a nice profit, and can operate year round in an affluent coastal NJ community. It is a full service supermarket with produce, deli, and both refrigerated and non-refrigerated food, as well as dry goods. There are plans to open a full service ice cream window on the front sidewalk of the supermarket, which will be a big hit with shoppers during summer months. This will result in an increase in sales price, when completed, reflecting build-out costs. While sales are lower in winter months, the market is still profitable to run year round, with less staffing during winter months. There is a loyal local customer base who patronize the business year-round. There are new compressor units on the roof, and a completely upgraded computer system already in place. All employees work less than 30 hours per week. In short, the market is profitable, well-run, well established, modernized, and committed to implementation of fresh revenue streams to increase sales and profitability. Contact broker if you would like to visit this market.
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