| Asking Price |
$1,125,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$424,000 | Real Estate |
|
| Cash Flow |
$150,000 | Year Established | N/A |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
This Cape May County Deli & Convenience Store is located just three blocks from the beach in a well-known South Jersey resort community. A large year-round client base as well as extremely busy summer season gives this business year round cash flow. 65% Sandwiches, 20% Convenience and 15% Deli. The price includes the real estate and a large three bedroom apartment, which can be used as a primary residence or as rental income. Owner lives in the apartment, which could be rented out for, they believe, approximately $18,000 per year. New owner/operator could add lottery and outside eating. Cash flow projected is for one full-time owner/operator. There is a November 2007 town assessment on the property for 701,600
Support/Training: 2 Weeks
Reason Selling: Retirement

Tannenbaum & Aalok
800-662-9507
Tannenbaum & Mehta
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