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Mini Mart For Sale
Location: United States -> New Jersey -> Hudson County
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

A Hudson County grocery store has come on the market. The initial capital to buy and open the market was borrowed and since repaid out of early sales and the current owners now lack sufficient working capital to replenish the shelves. Sales, which exceeded $17,000 per month early on, now run at the rate of $9,000 per month. The business is still profitable however and the owners have decided to sell. The store enjoys a prime location in a heavy foot traffic market and it comes with a long, low cost lease. The prior owners had the largest lottery sales business in the area; it had, in fact, the only lottery sales in a several block radius except for that within a nearby liquor store.

The current owners have applied for their own license. Further, they have the space and would like to develop and run a deli counter and sandwich and coffee business for which there is ample demand. Bring in the lottery; add coolers for sodas, teas, energy drinks and the like; increase the fruits and vegetables section which does very well and advertise the food market (which enjoys no advertising whatsoever) and triple the business. Finally, the area is heavily residential. Institute on-line ordering and delivery to the elderly, shut-ins and neighboring store workers and this business will exceed all expectations. Please contact the broker for further information at 1-877-735-5224.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $110,000
Cash Flow:   $18,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The seller will train the new owner.

Photos

View Larger Photo(s) Of Business
Mini Mart For Sale Photo 1 Mini Mart For Sale Photo 2 Mini Mart For Sale Photo 3




Print Listing Id: 700281171
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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