This is a start up business only open for six months !
Established supermarket in prime Hoboken, NJ location offering exceptional opportunity for growth-minded operator. This 9,000 square foot full-service grocery store generates $6.5 million in annual revenue with $600,000 in seller's discretionary earnings, demonstrating strong profitability in the competitive grocery sector.
Business Highlights:
- Always profitable with consistent cash flow generation
- Complete supermarket with all departments operational
- Beautiful, turnkey location requiring no additional work
- Established customer base with growing daily sales
- Absentee owner operation demonstrating strong management systems
- Inventory valued at $350,000
Location & Lease Terms:
Strategically positioned in Hoboken's bustling market with excellent foot traffic and accessibility. Secure long-term lease through March 2045 at $35,800 monthly provides operational stability and growth runway.
Growth Potential:
Market analysis indicates potential for $250,000 weekly sales ($13 million annually) based on surrounding population density. Current owner identifies significant upside through enhanced marketing initiatives and expanded customer reach to surrounding areas. The business shows strong potential to double current sales volume under dedicated ownership.
Operational Excellence:
Running smoothly with established systems and processes. Ready for immediate takeover with no transition period required. All departments fully operational including fresh produce, deli, bakery, and general merchandise sections typical of full-service supermarkets.
Owner selling due to time constraints, creating opportunity for hands-on operator to maximize this location's substantial potential. The combination of strong current performance, prime location, and identified growth opportunities makes this an attractive acquisition for experienced grocery operators or investors seeking established cash-flowing business in high-density market.
No seller financing available - cash transaction required.
Ad#:2436832
