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Established Very Profitable Grocery & Deli

New Jersey

Asking Price: Gross: Cash Flow:
$150,000 $429,000 $151,358

Inventory Value:
$30,000 (included in the asking price)

Business Summary:
Established very profitable grocery & deli in mid of houses residence area & school with lottery and ATM & no competition near by.

 
   
   
Year Business was Established: 13
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 800 sq. ft. with 1,600 sq. ft. basement for storage. Furniture & Equipment in good working condition. Store is in good shape with street parking. 4 years remaining lease with options for 5+5.  
   
Competition: None near by  
   
Owner willing to finance: $30,000 for 1 year at prime rate  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Moving away  
 

 

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