Profitable Grocery & Deli For Sale

Essex County, NJ

Profitable Grocery & Deli For Sale
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Asking Price: $85,000

Cash Flow: $92,868

Gross Revenue: $260,000

EBITDA: N/A

FF&E: $16,000

Inventory: $5,000

Rent: $2.83 /Month

Established: N/A

Profitable Grocery & Deli For Sale

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Business Description

Viable & profitable grocery on main street of town, surrounded by businesses and homes, schools and bus stops nearby also bring good foot traffic. Growth potential in activating fully equipped deli section. Additional income from Lottery (9k) and ATM (6k). Owner's income as a FT employee is part of operating profit. Contact Solomon for more information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
600
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
600 sq ft & 200 sq ft basement, equipment & furniture in good condition, parking on street, bus stops nearby, 3.5 year lease plus 4 year option
Competition:
None nearby.
Growth & Expansion:
Activate deli section, which is fully equipped but not currently operating, and add social media delivery.
Support & Training:
2 weeks
Reason for Selling:
Moving to home country
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Larry Bodner

Business Listed By:
Larry Bodner

Executive Business Brokers

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