Retail Supermarket
New Jersey
| Asking Price: | $7,600,000 |
| Gross Revenue: | $15,300,000 |
| Cash Flow: | $1,700,000 |
Listing ID: 2303929Listing provided by BizBuySell
BUSINESS DESCRIPTION
Strong, consistent positive cash flow with minimal owner involvement
The Company is a full line, retail supermarket servicing a densely populated urban city center. Located in New Jersey, the Company began operations nearly 40 years ago and has entrenched itself as a vital local business within its immediate and surrounding neighborhoods. With its prime location in a large business district which generates heavy foot traffic, the Company is well-positioned for continued success.
DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Employees
50
Facilities
10,000 sq. ft. NJ based Facility
Competition
The Company has worked to build meaningful customer relationships and establish itself as a well-respected, vital member of the community over the past 40 years. It maintains many points of differentiation which set the Company apart from other competitors in its market. These characteristics have been instrumental in developing a loyal customer base and generating the consistent, strong financial performance that has enabled the Company to thrive. There is also a lack of competition of national and regional supermarket chains in its vicinity.
Support & Training
The Principal will be available for a transition period
Reason for Selling
New Business Endeavors
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