Western NJ Deli Grocery with Butcher
| Asking Price: | $1,300,000 | Inventory: | $50,000 ++ |
| Gross Revenue: | $1,100,000 | Real Estate: | $800,000 ++ |
| Cash Flow: | $100,000 | FF&E: | $120,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The deli, grocery store with butcher is on a busy highway in a nice, growing area of western NJ. The deli has lottery and serves cold cuts, cold sandwiches, salads, prepared food and quality meats.
The seller states the revenue is roughly split 60% for grocery and 40% for deli & meat. He generally targets a 30% Gross Profit margin. His annual net lottery commission is approximately $8,000. Although he has cigarettes, he only sells approximately 40 cartons per week.
The above information has been secured from the Seller. Easy Span Business Brokers or Easy Span Enterprises in no way guarantees the accuracy of such information, nor does it warrant any assumptions as true and correct. The business may be withdrawn from sale without notice.
The seller states the revenue is roughly split 60% for grocery and 40% for deli & meat. He generally targets a 30% Gross Profit margin. His annual net lottery commission is approximately $8,000. Although he has cigarettes, he only sells approximately 40 cartons per week.
The above information has been secured from the Seller. Easy Span Business Brokers or Easy Span Enterprises in no way guarantees the accuracy of such information, nor does it warrant any assumptions as true and correct. The business may be withdrawn from sale without notice.
About the Business
Year Established:1940
Employees:10 full time - 2 part time
Facilities:Solid store and can run as is.
Market Outlook and Competition:Continued growth in this very nice area of western NJ continues to increase the customer base.
About the Sale
Reason For Selling:The seller is tired and wants to retire
Seller Financing:The seller may provide financing to the right qualified buyer
KEYWORDS: Deli, grocery, supermarket, butcher, lottery
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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