Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840

 

BUSINESS PROFILE

Supermarket / Hyper-C Store

 

   Location:                                                           Southern New Jersey (shore community)          

   Established:                                                     59 years                 

   Under Present Owner:                                  2011              

   Gross Sales:                                                     $1,850,000                        

   Sellers Discretionary Cash Flow:               $175,000                               

   FF&E:                                                $200,000 (included in ask price)  v       Inventory:                                                           $150,000 (included in ask price)                                                           

   Days Open:                                                        7 days             

   Hours of Operation:                                         7 to 7 with extended summer hours                      

   Number of Employees:                                  3 FT + 10 PT     

               

Rent:                                                                   The Real Estate is available for sale in a separate transaction at a price of $599,000 or the sellers will enter into a mutually agreeable lease.

                                                                     

   Reduced Asking Price:                                $399,000 for the business assets              

   Seller Financing:                                             Available for qualified buyer

   Training:                                                            Seller will provide                                

   Reason for Selling:                                         Other Interests   

PRICE REDUCTION - This very profitable business is a well established supermarket providing friendly personal service supplying all the household necessities with many extras including a popular hot and cold food department, complete deli and produce section along with catering services. With over 5000 sq. ft. and more than 23,000 SKUs, this business is much more than a hyper- convenience store while less than your traditional supermarket. The ideal buyer will have experience in this type of retail business and/or have a food preparation background. A full time owner/operator will generate additional cash flow since the seller operates the business semi absentee. The business has an excellent location with minimum competition.