Gourmet Market
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $2,800,000 |
$4,535,569 |
$761,036 |
Inventory Value:
$180,000 ( not included in the asking price)
Business Summary:
High end State of the art gourmet market/café/catering/BYOB location in Bergen County on a shopping center with huge lot parking in the front. Well thought out, designed and kept immaculate. It took 8 months to build. High sales, high net profit. Buys $1-sells $5. Total 14,500 sq. ft. with 2 k sq. ft. kitchen. Seating 32. Needs owner/operator to be knowledgeable and aggressive in marketing. Make and circulate flyers in order to generate more volume. Take it to the next level. Business needs to be nurtured. Come be part of this recession proof business. People have to eat no matter how great economy is. Come see it grow. Low rent, long lease. Higher mark up on perishables less non perishable foods. 5 aisles, 5 registers. Shows well. Equipment is 3 years young with a rack of compressors on roof. All employees are Non union. All food delivered. Breakdown of sales: Market-, Catering-%, Seamless Internet produce %, grocery %. For further information, please contact Jim Hamdan at 908-851-9040 Ext. 210.
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| Year
Business was Established: 2007 |
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| Number of Employees:
40 |
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| Facilities / Terms of Lease:
Total of 14,500 sq/ ft/ with kitchen 2k sq. ft., huge lot |
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| Potential
Growth/Expansion:
Attend food shows. Introduce new products |
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| Competition:
Several |
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| Owner
willing to finance:
$1,820,000 down payment balance $980,000 payable up to 5 years at prime + 1% |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Down sizing |
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| REQUEST MORE INFO |
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