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Business for Sale Summary

Established Grocery Store - 29521

Business Type: retailing businesses,convenience store,delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,supermarket
Established Grocery Store
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Financial Information (non-confidential)

General Information
Asking Price $49,999 Down Payment $49,999
Gross Revenues $150,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$49,999 Down and

Business Description

A grocery store in Passaic County has just come on the market, and this one is as good as it gets. You can buy this business for next to nothing and immediately increase its revenues and profits three-fold. The seller has owned this business for the last 5 of its 30-year history but, sometime in the last 5 years, he developed an interest in another business and he stopped caring about the grocery. He cut its hours in half- opens each day about 3:30 pm; the shelves are not fully stocked and he takes no debit or EBT card. And so, sales and profits are down two-thirds. It is a neighborhood grocery, assuring the return of neighborhood customers. The rent is extremely low, it is compact in size and easy to run. Ideal for a Bargain Hunter. Please contact the broker for further information at 1-877-735-5224.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.