Co-op Advertising Chain Supermarket
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $1,250,000 |
$5,200,000 |
$442,759 |
Furniture and Fixtures Value:
$130,000 (included in the asking price)
Inventory Value:
$250,000 ( not included in the asking price)
Business Summary:
Break down of sales meat 28%, Produce 18%, Deli 1.75%, Dairy 13%, Frozen 2%, and Grocery 37%. Have delivery 2002 Ford Van included $500 weekly, 4 checks out registers. Parking lot for 40 cars situated on a well-known Commercial Avenue. Sales for last two years steady even with inclement weather. Store orientated to specific Ethnic populace who compose most of populace in this overcrowded area. This is an advertising coop. Other income Owner salary $28,000, Lottery $9,100, ATM $1,500, charges for overnight parking $12,000- can build business by going into catering since it has delivery vehicle.
|
|
| |
|
| |
|
| Year
Business was Established: 25 |
| |
|
| Number of Employees:
18 |
|
| |
|
| Facilities / Terms of Lease:
Situated on busy Commercial Avenue, good 16 years left on lease w/c covers rent & partial R.E. Tax payment. 40 car parking lot. The area is over congested. |
|
| |
|
| Potential
Growth/Expansion:
Go into catering as this is a natural for further profits and additional volume. |
|
| |
|
| Competition:
Several other markets nearby done over recently, over 2 years ago, however this one is the busiest and has parking. |
|
| |
|
| Owner
willing to finance:
Owner would finance 50% $625,000- with 4 year payout |
|
| |
|
| Owner
willing to train:
2 weeks |
|
| |
|
| Reason for selling:
2 weeks |
|
|
|
| REQUEST MORE INFO |
 |
|
