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Business for Sale Summary

Supermarket Business for sale in Mercer County - 33557

Business Type: other food stores,supermarket
Supermarket Business for sale in Mercer County
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Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $720,000 Lease Remaining Register Free to View
Owner’s Cash Flow $150,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and

Business Description

A fully stocked, Semi-Absentee managed, high trafficked grocery store located in Mercer County, New Jersey has come on the market. Situated in a stable, lower income residential neighbor-hood, there is a constant flow of seemingly non-stop customers coming in for groceries, hot and cold sandwiches, beverages, cigarettes, ATM, lottery and sundry items. Every inch of this 900 sq. ft. store is utilized with products, a deli counter and sandwich shop. A full basement provides ample storage. This business has not been affected by the virus- In fact, sales have been increasing during this pandemic. The store is open 8 am to 10 pm, seven days per week but lottery service is closed after 2 pm each day when the owner leaves and a second shift takes over. Extend the lottery hours to close, add money orders, bill pays, money transfers and deli service to the sandwich menu and bring this business to its full potential. The owner has two other businesses, one of them a liquor store thriving during this pandemic and is seeking to divest.

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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.