Large Grocery Store_High Sales_Big Size_Fully established !

Cherry Hill, NJ (Camden County)

Seller Financing Available
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Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: $600,000

EBITDA: $120,000

FF&E: $125,000

Inventory: $100,000*

Rent: $42,000 /Month

Established: 2009

*not included in asking price.

Large Grocery Store_High Sales_Big Size_Fully established !

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Business Description

Fully equipped & well stocked, Large Grocery & general merchandise Store.
No Deli & no green groceries. Dry goods only.
Big 3,000 sq ft., EBT approved. Lottery, ATM, Cigarettes, Soda, Groceries, Household goods etc. High margin grocery sale plus $14,000 annual lottery commission plus misc income. High visibility with plenty of parking, tons of walk in customers.
Fully established for 9 plus years.
Owner retiring. Bank loan & seller financing available to qualified buyers.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq ft store with plenty of free parking in front & rear. Storage room, rest room in the rear. Display Aisles, 2 Freezer,Soda Fridge, Milk Fridge, ATM, Lottery, Cigarette Rack, Counter, POS, Large Signage outside, Phone, Credit Card machine, 16 Cameras Surveillance, Alarm system etc etc.
Competition:
Virtually no competition in the immediate vicinity. Fully established business with regular client base. High traffic location.
Growth & Expansion:
Newer items could be added to further expand, plus online website marketing could be done.
Financing:
Yes for qualified buyers
Support & Training:
One week training by the seller.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Vinny Mahajan

Business Listed By:
Vinny Mahajan

ARIES BUSINESS GROUP

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