Business Summary:
A long established Luncheonette / Deli business located on a commercial city road in Essex County, New Jersey. This business has existed for the past 40 years and is in a very desirable town and business district. The facility offers seating for forty customers and ample private parking is included in the purchase. The business produces substantial annual income with a stable profit for the owner. The facility is modern, well equipped and there is an option available on the purchase of the real estate property. The present operation does not offer a delivery service which can also substantially improve the income. A great starter business!
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| Year
Business was Established: 1975 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Business facility consists of 1,450 square feet with an indoor seating capacity for 56 customers. An existing lease expiring on 2015 with an additional 5 year option is available for transfer. The present monthly rent is $3,200. There is also an option on the purchase of the real estate property, which is available through our real estate division. Private parking is also available and included in the sale. |
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| Potential
Growth/Expansion:
With new management and an updated marketing plan the business can improve further. |
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| Competition:
Limited competitors exist in the general area. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
Seller will provide an appropriate review and training period. |
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| Reason for selling:
Relocating out of state. |
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Seller Reference Number: LNCH109
BusinessMart.com Listing Number: 70743 |
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