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Business for Sale Summary

Deli and Grocery- Union County, NJ - 29248

Business Type: retailing businesses,delicatessen/catering services,other food stores,supermarket,convenience store
Deli and Grocery- Union County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $75,000 Down Payment $20,000
Gross Revenues $360,000 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View

Financing

$20,000 Down and Terms to be determined over 3 years

Business Description

Fantastic deli and grocery business for sale. The annual cash flow is $70,000, but annual grocery sales are $350,000, and 20% net cash would be ordinary for that level. Seller also makes sandwiches, and does $21,000 net in lottery sales. There may also be some hidden profits here. In this case, discovery may prove exciting. I leave that to you. Seller's cash flow is based on shortened hours- he now closes very early on Saturday, and cut out Sunday, entirely. The original 90 hours per week were shortened to 70. The owner wants out- he is anxious to retire and move to be near his Texas family. Please contact the broker at 1-877-735-5224 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.