• Listing ID: 1167938
  • (Seller ref: 4460hk)

Supermarket In Essex County For Sale


Location:
Category:
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Type:

Asking price:
$750,000
Sales revenue:
$1,339,200
Cash flow:
$329,000
Years established:
50 years
Employees:
8FT

No image available

This 50 year old neighborhood institution is the only grocery store around. Located in Essex County with 3,500 sq. ft. of store space and another 3,500 sq. ft. of basement space, higher than average margins on groceries and a brisk business in lottery, cigarettes, and ice, this is an attractive business. It comes with a 20 year lease and is currently being run absentee. For further information please contact Howard Kupferman below.


Premises details:
3,500 sq. ft. grocery store with another 3,500 sq. ft. basement in an inner city community. Highly profitable with excellent lottery, cigarette and “ice” revenues. A twenty year lease.
Size in square feet:
3,500 sq. ft. + 3,500 sq. ft. basement

Competition / Market:
Limited
Reasons for selling:
Divestiture
Trading hours:
7 days - 7am-11pm
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
5% for 5 years
Inventory / Stock value:
$150,000

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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