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Excellent Neighborhood Supermarket with Hot Food to go Service.

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$400,000 $1,100,000 $105,824

Furniture and Fixtures Value:
$35,000 (included in the asking price)

Inventory Value:
$70,000 (included in the asking price)

Business Summary:
Motivated Seller. Make Offer. Large neighborhood convenience come supermarket with growing sales. Augmented by butcher shop, lottery, cell phone service and hot food to go with excellent customer relations.

 
   
   
Year Business was Established: 2010
   
Number of Employees: 6ft/2pt  
   
Facilities / Terms of Lease: Modern 1 story brick building. Neat premises. Hot food service provided. Customized seating area can be altered to provide for 12 to 15 seats. Permit approved. Space can be converted to retail. 34 parking spaces. Provides lottery, cell phone service as well as hot food to go.  
   
Potential Growth/Expansion: Approved for seating to increase food service or can convert to supermarket retail.  
   
Competition: Excellent neighborhood relations with customers. Avoids need for customers to drive to chain grocery.  
   
Owner willing to train: Will provide guidance for new owner.  
   
Reason for selling: Owner plans to open specialty food restaurant with brother.  
 

 

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