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Businesses For Sale > Business For Sale in Morris Countu, New Jersey (NJ)
Come to the Deli where the Jets pickup for sale in Morris Countu, NJ
Morris Countu, New Jersey (NJ)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 65,000 |
$ 148,000 |
$ 30,180 |
Furniture and Fixtures Value:
$ 35,000 (included in the asking price)
Inventory Value:
$ 6,000 (included in the asking price)
Business Summary:
this absentee run deli is the perfect purchase for two (relatives or partners). can show this it is profitable over 30K plus replace present salaries 42k will give profit of 72k and growing. Madison is a well heeled town, plus it is loaded with corporate centers and professional offices; also contains practice field of NY Jets, who stop by. Directly across the street is a new realogy center that has just been constructed. all this new happenings will increase revenue. 800/900 new jobs created nearby in last year. Does over 350 sandwiches weekly. this small deli with simple menu is very profitable now with limited hours, lottery is a natural for this place. Most kitchen equipment is new- a great deal of new corporate offices, FDU, New realogy center, corporate center for real estate companies. profit would be higher, absentee owner found large shortages in register on several occasions. 80% cash 20% charge.
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| Year
Business was Established: 2011 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
900 sq ft loaded with all new kitchen equipment, parking for 6 cars, basement with refrigerator. owner of building is relative of owner, any new lease for years can be obtained. |
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| Potential
Growth/Expansion:
accepting lottery, opening on Sundays, increasing closing time to 5:30, all of this can increase volume by 58%. |
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| Competition:
this is the developing area of Madison, new jobs are being created at an alarming rate.
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| Owner
willing to finance:
Owner would prefer to cash out simple purchase |
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| Owner
willing to train:
two weeks |
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| Reason for selling:
owner has other business |
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Seller Reference Number: 5249VM
BusinessMart.com Listing Number: 150486 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Larry Bodner
Executive Business Brokers
908-851-9040
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