Successful Brand Name Supermarket
Location New Jersey,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $6940000
Net Profit / Cash Flow $512860
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2013
Number of Employees 35 - 49
Relocatable Not Disclosed
Number of Employees 35 - 49
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description New and established well known supermarket on the main avenue where there is tremendous development going on. This project to construct the supermarket cost approximately $1.2 million dollars and equipment $450,000. Sales continue to grow now averaging $130,000 per week. An owner operator can add more cash to his pocket. Payroll is $650,000. Politicians continue to support the supermarket and community. With the right marketing this supermarket can increase in sales dramatically. Also, the buyer has the option on expanding another 8,000 square feet. The landlord has given the seller the option of buying the property as well.
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