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Businesses For Sale > Business For Sale in Hunterdon County, New Jersey (NJ)

C-Store Deli with Lotto for sale in Hunterdon County, NJ

Hunterdon County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 110,000 $ 400,000 $ 50,000

Furniture and Fixtures Value:
$ 45,000 (included in the asking price)

Inventory Value:
$ 10,000 (not included in the asking price)

Business Summary:
Convenience Store Deli and Food Mart business with Lotto located in Hunterdon County, New Jersey. The facility is fully upgraded and modernized with an attractive appearance. The business serves an active over the counter and full service food service plus deli lunch and grill food. The facility consists of a free standing building with a modern appearance, rapid service with indoor seating. This C-Store Deli store is well known for its excellent service, fresh bagels and large assortment of food mart products. The Bagels are not baked at the facility and are delivered daily. The business income also consists of Lotto, news papers sales and ATM. The business produces yearly gross sales of $400,000. Walk in refrigeration, commercial kitchen for high volume production, numerous displays, lots of counter space, POS computer & phone system, etc.The building has a capacity for 25 customers with storage and private office. Private parking for 23 vehicles is onsite and part of the lease agreement. This is a seven day operation, Monday Friday 6:00 am to 6:00 pm Saturday - Sunday 6:00 am to 4:00 pm. The business has a municipal CO which allows the sale of retail food to the general public. Additionally, the business is approved for Lotto and ATM. The sale includes an existing lease with an additional 5 year option for continuation and a monthly rent of $3,400. The present owner is absentee, has an alternative business and cannot continue to devote the required time to maintain this location. This is an excellent purchase opportunity which can represent a solid long term return on your investment.

 

   
Year Business was Established: 1975
   
Number of Employees: 2  
   
Facilities / Terms of Lease: The facility consists of a free standing building, 1,750 square feet with a full commercial kitchen and a clean modern appearance. The facility s setup is similar to a 7-Eleven with food mart isles and a sit down luncheonette area. The business is located in Hunterdon County, NJ on a state highway with lots of drive by traffic and substantial demand for this food service.  
   
Potential Growth/Expansion: Due to the absentee owner the service is poor and with an advertising plan the business can be further developed.  
   
Competition: No other C Store Deli Food Marts exist in the immediate area of this business and sale includes a non compete agreement to purchaser.  
   
Owner willing to finance: Financing for inventory is available.  
   
Owner willing to train: Seller will supply a full transitional period and will remain 30 days post closing.  
   
Reason for selling: Absentee and cannot devote the required time to maintain this facility.  
   
Seller Reference Number: CSTR122
BusinessMart.com Listing Number: 114632
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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