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Supermarket

Warren County, New Jersey

Asking Price: Gross: Cash Flow:
$360,000 $1,100,000 $97,406

Inventory Value:
$65,000 ( not included in the asking price)

Business Summary:
Well est. supermarket with 3 k sq. ft. and 5 aisles loc in Warren County. Brand new 24" Kaser-Warren produce/dairy case & new set of 4 door cooler + 6 door freezer. All have 4 years warranty on labor and parts. Recently renovated in and out of building at a cost of 150k. Needs motivated owner/operator/butcher to be hands on in order to increase revenue through marketing. In order to participate receiving rebates through main food supplier one must buy $28 k worth of shares in the company. Seller lacks experience in the grocery business & has other business interest. For further information, please contact Jim Hamdan at 908-851-9040 Ext. 210.

 
   
   
Year Business was Established: 1960
   
Number of Employees: 4  
   
Facilities / Terms of Lease: 3,000 sq. ft, like new, recently renovated. 15 year lease @ $4,500 per month  
   
Owner willing to finance: Balance $100,000 payable in 6 years at Prime + 1%  
   
Owner willing to train: Two weeks  
   
Reason for selling: Has other business interest  
 

 

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