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Popular Deli and Food Mart for sale in Hudson County, NJ

Hudson County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 350,000 $ 450,000 $ 150,000

Furniture and Fixtures Value:
$ 150,000 (included in the asking price)

Inventory Value:
$ 7,500 (not included in the asking price)

Business Summary:
High Volume Deli and food market in a bustling, urban section of Hudson County, NJ. It is in very close proximity to a professional sports arena that attracts a large crowd. This ten year old business offers a menu of basic deli meats and cheeses, as well as fresh sandwiches, drinks and lotto. The facility has a full commercial kitchen that can be utilized to increase the menu for a greater profit. The business grosses about $450,000 and provides a consistent net income to the owner of about $150,000. The current owner is retiring after many successful years in the industry and offering a new lease with reasonable rent. In addition to the business, the property is also available as an option to purchase. This is an excellent opportunity to purchase a successful, established deli business.

 

   
Year Business was Established: 1990
   
Number of Employees: 4  
   
Facilities / Terms of Lease: The 1,450 square foot facility is on a busy avenue with numerous other commercial businesses. It maintains a clean, attractive, modern image. The sale includes refrigeration units, counters, POS computer system, numerous display cases, full commercial kitchen, scales, etc. Municipal and avenue parking is available at this location. The sale includes a new 15 year lease with a yearly rent of $30,000.  
   
Potential Growth/Expansion: The present owner does not use the commercial kitchen, has limited delivery and with an improved marketing plan, this business has enormous potential.  
   
Competition: No other competitive deli businesses are in this particular area  
   
Owner willing to finance: Owner financing is available with $150,000 down.  
   
Owner willing to train: Seller will supply a full transitional period to the new operator and will remain post closing for 60 days.  
   
Reason for selling: The owner is retiring after many successful years in the industry.  
   
Seller Reference Number: DELI146
BusinessMart.com Listing Number: 112961
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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