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Business for Sale Summary

Established Supermarket in Hudson County, NJ - 31348

Business Type: retailing businesses,delicatessen/catering services,general merchandise store,green grocers / fruit sellers,other eating & drinking places,other food stores,special situations,new to market,supermarket
Established Supermarket in Hudson County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $850,000 Down Payment $850,000
Gross Revenues $1,400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$850,000 Down and

Business Description

This superbly-located supermarket of the organic foods is in the mist of several apartments' buildings in Hudson County in NJ. The neighborhood also has a national-known gym, and 4 day care centers and also many many commercial offices. The supermarket has no competition; therefore, the business is well-diversified, constant, and stable. It also serves breakfast, lunch, and dinners. The business is also famous for its well-known bakery products and coffee; also sells many many different kinds of merchandises to address the demands of the local community. Interior is extremely impressive looking and awesome. Seeing is believing. Its size is 4000 sq.ft. Neighborhood is extremely rich, so pricing has not been an issue: good profit margin. There are four partners, but now have developed some serious disagreement over the running of the business: have decided to sell this cash cow business. A new buyer, as he likes the business, can also be taken in as a partner, with mutual terms and conditions. GREAT LOCATION, NON-COMPETITIVE ENVIRONMENT, AND A RICH NEIGHBORHOOD. Seller's net cash flow is $300,000 a year. Call Syed at 631-374-7686 for more information.

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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.