Profitable Deli in High Traffic Area

Middlesex County, NJ

Profitable Deli in High Traffic Area
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Asking Price: $119,000

Cash Flow: $72,277

Gross Revenue: $250,000

EBITDA: N/A

FF&E: N/A

Inventory: $3,250

Established: 1984

Profitable Deli in High Traffic Area

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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.

Detailed Information

Location:
Middlesex County, NJ
Inventory:
Included in asking price
Employees:
2
Facilities:
There's 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.
Competition:
There's no immediate area competition vying for business
Growth & Expansion:
A new owner should do some advertising & promotion to area businesses to help enhance the gross sales & net profit.
Support & Training:
The sellers are offering 2 full weeks of training at no cost to a buyer.
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Seth Kain

Business Listed By:
Seth Kain

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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