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