Asset Sale! Growing Deli

New Jersey (Passaic)

  • Asking Price: $69,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $40,000
  • Listing ID: #206509
  • Established: 4
  • Employees: 2 P/T

Business Description

ASSET SALE!! Nicely-renovated Deli with a luncheonette flair in a modern strip mall. Plenty of parking. There’s no direct competition for at least 2 miles. Sole owner has his own business (self-employed) & can’t devote the time to build up this deli. An owner-operator can take it to a considerably higher level. FURNITURE, FIXTURES, & EQUIPMENT of $40,000 & a minimum of $3,000 in Inventory is included in sale. Average weekly gross sales are approx. $1,800 with COGS of approx. $450 which includes an extensive catering menu. Lottery machine is coming soon. Base rent $2,300, CAM & Taxes $805 = $3,105 per month plus water. New qualified tenant can get a lease assignment & possibly another 5 year option. Contact Seth @ 201-317-4710 for additional details & showing.

Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Passaic

Company Information

Year Established: 4
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 P/T

Financial Information

Asking Price: $69,000
FF&E: $40,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information


1,616 square feet. All Furniture, Fixtures, & Equipment are in very good condition & are included in the sale. There’s plenty of free strip mall parking in this more modern plaza. Owner received a brand new (5) year lease with a (5) year option. A new tenant has a good chance to get a 2nd (5) year option based on credit worthiness.

Growth & expansion opportunities:

The Owner is now awaiting getting a lottery machine, which will increase his cash flow. He plans to expand his deli menu, while also bringing in more grocery-type items.


There’s no direct area competition for at least 2 miles. The deli in that location doesn’t offer as many hot food & catering items & has much less seating.

Reason for selling:

The Owner has his own business (self-employed). He doesn’t have enough time to devote to this business.

Support & Training:

2 weeks of training at no cost to the Buyer.

Contact Business Seller

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Business Listed By:

Seth Kain

Executive Business Brokers