Well-Known Deli and Grocery-29248

Union County, NJ

Seller Financing Available
Well-Known Deli and Grocery-29248
Contact Seller

Asking Price: $75,000

Cash Flow: $70,000

Gross Revenue: $360,000


FF&E: $30,000

Inventory: $17,000*

Established: N/A

*not included in asking price.

Well-Known Deli and Grocery-29248

Save Print Share Valuation Report

Business Description

Good, Better, Best generally describes getting the most for your money. When there are so many similar businesses to choose from it often comes down to 'Bang for the Buck'; that is, get the most earnings you can for the least amount of money. If so, 'Best' certainly describes this business. The annual cash flow is $70,000 and it may well be that but his annual grocery sales are $350,000 and 20% net cash would be ordinary for that level of sales particularly in a poorer community where margins are typically higher. Plus, he makes sandwiches which carry a higher margin and he does $21,000 net in lottery sales. There may be some hidden profits here. In this case, discovery may prove exciting. I leave that to you. Also, the seller's cash flow is based on shortened hours; he now closes very early on Saturday and he cut out Sunday entirely. 90 hours per week were shortened to 70 in doing so. The owner wants out; he is anxious to retire and move to a warmer climate and to be near his Texas family. Please contact the broker 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

Union County, NJ
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
20,000.00 Down & Terms to be determined over 3 years
Support & Training:
The seller will train the new owner.
Reason for Selling:
Seller is retiring.
Business Website:
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Listing Statistics


Demographic Information


Ad#:1340498 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

FocalPoint Business Coaching

Franchise Opportunity
Cash Required: 65000