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Established Grocery Store

Passaic County, New Jersey, United States
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Asking Price$49,999
Revenue$150,000 EstablishedUndisclosed
Cash Flow$60,000 Employees1 full-time
FF&E$8,000 FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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 and 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 neighbor-hood 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.
Training/Support:The seller will train the new owner.
Seller Financing:$49,999.00 Down and
Sale Reason:Reason for Selling is other business interests. Everything else is fine.
Ad #99041
Seller Reference #29521
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Vested Corporate
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