Deli & C Store_High Profit_Owner Retiring_Long Lease !

South Plainfield, NJ (Middlesex County)

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Asking Price: $279,000

Cash Flow: $150,000

Gross Revenue: $675,000

EBITDA: N/A

FF&E: $150,000

Inventory: $25,000*

Rent: $3,200 /Month

Established: 1995

*not included in asking price.

Deli & C Store_High Profit_Owner Retiring_Long Lease !

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Business Description

High Profit Hot Deli & Convenience Store, owner retiring, fully equipped, high lottery and ATM commission too. Same owner family for 20 plus years. Long lease already in place.
Close to industrial complex, offices & high cross town traffic. Busy strip center with plenty of parking too. Ideal for owner operated, a golden opportunity.

Detailed Information

Location:
South Plainfield, NJ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully loaded Kitchen with Hood, Freezer, Grill, Oven, Fryer, Warmer, Meat Slicer, Prep Table, Toaster, Microwave etc plus Beverage Coolers, ATM, POS system, Counter, Table & Chairs, Large signage etc.
Competition:
Virtually no competition. Next to large steel mill, large warehouse & distribution companies, offices & homes.
Growth & Expansion:
By digital marketing & owner operated. Big apartment complex coming up next door already approved.
Support & Training:
As needed for one week.
Reason for Selling:
Retirement-Reinvestment
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(from currently available funds)
 
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Vinny Mahajan

Business Listed By:
Vinny Mahajan

ARIES BUSINESS GROUP

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