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Posted: Monday, July 10, 2017 10:32 AM

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Mini Mart For Sale

Business Description: 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.

Asking Price: $79,000.00

Gross Revenue: $110,000.00

Owner's Cash Flow: $18,000.00

Down Payment: $75,000.00

For more information, contact Vested Business Brokers at 1(877) 7355224.

We have over 3,700 businesses for sale, many with owner financing. Visit our site today to find the business that's right for you.

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.

• Location: Hudson County, North Jersey

• Post ID: 39551373 northjersey

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