Business Summary:
A Deli / Luncheonette & C-Store with Lotto located in a busy mall center and prime community of Morris County, New Jersey. This business is long established and boasts high volume daily customer traffic with an indoor seating capacity for 95 customers. The kitchen is fully equipped and the site is located on a highly traveled road. The opportunity includes a long term lease with reasonable terms. The business produces annual sales of $835,000 with a substantial net profit for the owner. The present owner wishes to retire and will provide seller financing to a qualified purchaser. A super Deli / C-Store opportunity!
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| Year
Business was Established: 1968 |
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| Number of Employees:
8 |
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| Facilities / Terms of Lease:
This facility is 3,300 square feet and has a seating capacity for 95 customers. There are also 50 parking spaces available onsite. An existing 30 year lease is available for transfer with a total monthly rent of $5,000 including cam charges. |
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| Potential
Growth/Expansion:
The business is in a great location and highly traveled road. There is plenty of room for expansion with a new marketing program and by addiing catering with deliveries. |
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| Competition:
There is no similar competition in the immediate area. |
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| Owner
willing to finance:
Seller financing is available |
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| Owner
willing to train:
The seller will provide a complete due diligence review period. |
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| Reason for selling:
Retirement |
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Seller Reference Number: DELI113
BusinessMart.com Listing Number: 72260 |
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on this business
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