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Businesses For Sale > Business For Sale in Bergen County, New Jersey (NJ)

Gourmet Market for sale in Bergen County, NJ

Bergen County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 2,800,000 $ 4,535,569 $ 761,036

Inventory Value:
$ 180,000 (not included in the asking price)

Business Summary:
High end State of the art gourmet market/café/catering/BYOB location in Bergen County on a shopping center with huge lot parking in the front. Well thought out, designed and kept immaculate. It took 8 months to build. High sales, high net profit. Buys $1-sells $5. Total 14,500 sq. ft. with 2 k sq. ft. kitchen. Seating 32. Needs owner/operator to be knowledgeable and aggressive in marketing. Make and circulate flyers in order to generate more volume. Take it to the next level. Business needs to be nurtured. Come be part of this recession proof business. People have to eat no matter how great economy is. Come see it grow. Low rent, long lease. Higher mark up on perishables less non perishable foods. 5 aisles, 5 registers. Shows well. Equipment is 3 years young with a rack of compressors on roof. All employees are Non union. All food delivered. Breakdown of sales: Market-, Catering-%, Seamless Internet produce %, grocery %. For further information, please contact Jim Hamdan at 908-851-9040 Ext. 210.

 

   
Year Business was Established: 2007
   
Number of Employees: 40  
   
Facilities / Terms of Lease: Total of 14,500 sq/ ft/ with kitchen 2k sq. ft., huge lot  
   
Potential Growth/Expansion: Attend food shows. Introduce new products  
   
Competition: Several  
   
Owner willing to finance: $1,820,000 down payment balance $980,000 payable up to 5 years at prime + 1%  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Down sizing  
   
Seller Reference Number: 4109jh
BusinessMart.com Listing Number: 78628
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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