Busy Mini Mart with Growth Opportunity - 10774
Business Type: convenience store,delicatessen/catering services,green grocers / fruit sellers
Acted as the Advisor to the Deal
All of NJ
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $125,000 | Down Payment | $50,000 |
| Gross Revenues | $193,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $27,864 | Number of FT Employees | Register Free to View |
Financing
$50,000 Down and balance of 75,000 @ 8% for 36 months
Business Description
Opportunity Sale...Convenience Store/Deli in same location for over 60 years. Totally renovated in 2007. Well known in area. Just received license for Lotto and Beer, financials do not include any sales from these items yet. Top of the line equipment including 2 large freezers, 7 refrigerator cases, Rotisseri Oven, Espresso Machine, 2 Meat Slicers, 2 12ft. Open refrigerator shelves, Hot Display Casing. Set up "cafe" style with counter and table seating. The business was approved for lottery and beer as of June 2008. The sale of these items will certainly increase business - almost double. Prior retired owner of this location did majority of his business on these sales. Boar's Head products sold, fresh produce and other grocery items. A new owner/operator could advertise, deliver and cater to increase business. Present owners moving out of state. Store located on main road near large apartment complexes and residential area. Contact broker for appointment today.
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.
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