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.
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.
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.
The Owner has his own business (self-employed). He doesn’t have enough time to devote to this business.
2 weeks of training at no cost to the Buyer.