Business Summary:
Twenty five year old, high volume Deli and Food market in a wonderful urban area of Essex County, New Jersey. The
business consistently produces 60% Breakfast & Lunch Deli,
20% Catering 10% C Store and 10% meats. This well known
successful business offers a full menu of products including breakfast, lunch specials, catering, fresh meats, poultry and much more. The business has a 2011 gross income of $1,159,000 and can evidence a yearly net income of $160,000. The sale includes a long term lease agreement at a moderate rent cost to the new operator. The business facility is 3,800 square feet with a clean modern image. The business has ten full & part time employees who are expected to remain with the business after the sale. This food market is very well known in the industry for its excellent product and stellar service. The sale includes walk in and various refrigeration units, full kitchen, numerous displays, counters, large prep area, POS computer system and phone system, etc. The building has a legal capacity for 108 customers, 3,800 square feet, full basement. The area has adequate municipal parking conveniently located at this business. The business is active seven days weekly with hours from 6:30 am to 6:00 pm. The business has a municipal food handler s license to serve food to the general public. The sale includes a long term fifteen year lease agreement with a yearly rent of $51,600 The business can be further developed with an improved marketing plan specifically for additional catering. The owner will offer financing with an appropriate down payment to a qualified buyer. This is a solid opportunity with a substantial net income.
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