MergerPlace

Profitable Deli in High Traffic Area

New Jersey (Middlesex)


  • Asking Price: $119,000
  • Gross Income: $250,000
  • Cash Flow: $72,277
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #218034
  • Established: 35
  • Employees: 2

Business Description

Nicely-renovated Deli in a high-traffic, safe area. Several nearby schools & churches drive many customers to this section of town. Many area residents have frequented the store going back 20-30 years as it's always been a deli. There is also a good portion of truckers who travel through the area & are customers. Plenty of parking in a strip mall lot containing a few other businesses. Furniture, Fixtures, & Equipment valued @ +/- $45,000 included in sale. Two owners have other business interests prompting them to sell their business. OTHER INCOME: ATM $1,800. OTHER EXPENSES: Hood Cleaning $550 & Security Alarm $193 = $743. A new qualified tenant can get a solid lease situation. Contact Seth @ 201-317-4710 for additional details & showing.


Business Details

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

Company Information

Year Established: 35
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $119,000
Gross Revenue: $250,000
Cash Flow: $72,277
Seller Financing Available: No

Property Information

Facilities:

There are approximately 2,000 square feet of leased space. There's plenty of strip mall parking in a shared lot. Furniture, Fixture, & Equipment are in very good condition & are valued +/- $45,000. The present owner/tenant has a month to month lease. The landlord will offer favorable terms to a new qualified tenant.

Growth & expansion opportunities:

A new owner should do some advertising & promotion to area businesses to help to enhance the gross sales & net profit.

Competition:

There's no immediate area competition vying for business

Support & Training:

The sellers are offering 2 full weeks of training at no cost to a buyer.

Contact Business Seller

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Business Listed By:

Larry Bodner

Executive Business Brokers