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Owner giving away Liquor Store/Deli/Grill/Market

New Jersey

Asking Price: Gross: Cash Flow:
$250,000 $550,000 $115,090

Furniture and Fixtures Value:
$30,000 (included in the asking price)

Inventory Value:
$20,000 ( not included in the asking price)

Business Summary:
Projected figurers for 1st year; opened beginning of Sept, 2013 now doing 800/1000 a day and climbing. New customers every day grill-deli section really increasing. Very cheap rent for store of this size. Plus parking for 6-8 cars in rear, at present rate sales will be more then 550k a year end. Basement for storage larger then store, Full size working kitchen and salad display boxes,cold cuts slicing area for sandwiches, convenience food item area. Liquor license just purchase for 150,000. Not much competition in this area. This is a semi absentee operation owner does deliverers and places orders. Excellent buy for couple who would like to work together in a growing business where they would have complete control. Present salaries would revert to them.

 
   
   
Year Business was Established: 2013
   
Number of Employees: 2  
   
Facilities / Terms of Lease: Liquor concept and full grill just added to market location. 6-8 car parking plus street, good cheap lease 10 year plus options/ new owner still placing inventory in store. Full basement larger then market in square footage  
   
Potential Growth/Expansion: Time and development will bring this newly opened up store to new levels. New construction everyday. Seating 6-7 at counter..  
   
Competition: Not much competition in this area of location- now starting to deliver  
   
Owner willing to finance: YES  
   
Owner willing to train: 2 WEEKS  
   
Reason for selling: Owner decided to retire  
 

 

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