Amazing Opportunity To Own Oldest Deli In Morristown For Sale

Morristown, NJ (Morris County)

Amazing Opportunity To Own Oldest Deli In Morristown For Sale
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Asking Price: $150,000

Cash Flow: $250,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Rent: $12,000 /Month

Established: 1980

Amazing Opportunity To Own Oldest Deli In Morristown For Sale

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Business Description

Amazing Opportunity To Own Oldest Deli In Morristown For Sale

The business has been established for over 35-years. The location is approximately 4200 sq. ft. plus basement, outside patio for dining and 24 parking spaces. An absolute gold mine in the heart of Morristown. The annual sales are over $1.4 Million. All equipment, furniture, and fixtures are installed as this is truly a turnkey operation. The monthly rent is $12000. This is a rare opportunity and ownership will sell to an experienced deli/restaurant operator only.

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Detailed Information

Location:
Morristown, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
9/21/2025
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All equipment and furniture is included in the sale price
Growth & Expansion:
Massive growth potential with an experienced operator. The business should gross close to $3mm.
Financing:
Incredible opportunity for experienced operator. Growth potential is tremendous.
Reason for Selling:
Retiring
Business Website:
http://morristowndeli.com
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Business Listed By:
Michael B

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