Fruit Market On Busy Route

Location: United States -> New Jersey -> Parsipanny
Industry: Food and Beverage > Other Food and Beverage

An excellent Fruit & Vegetable Market located in a busy, commercial Mall of Morris County, New Jersey. The business facility is very ample with enormous room for inventory and storage. This business limits its sales to strictly produce, however the products can be expanded to meat, dairy, etc. This is a high traffic commercial business located on a major highway with thousands of daily drive by traffic. The business has a solid income with a high profit for the owner. The seller has priced the business for a quick sale with training available for the new operator. Please call for further details. Facility consists of 4,500 square feet in a commercial mall with an indoor capacity for 150 customers. An existing lease expiring on 2014 and with additional options is available for transfer. Spacious mall parking is also available and included in the sale.

Financials

Asking Price Range: < $250K
Gross Revenues: $850,000
Cash Flow: $100,000
Cash Flow Type: EBITDA
Inventory: 25000 Equipment Only
Seller Financing: Yes

About The Business

Year Established: 2001
Number of Employees: 4 – 5
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide a full due diligence and transitional period.
Reason For Selling: Relocating Overseas