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

American/Kosher Style Deli for sale in Camden County, NJ

Camden County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
Undisclosed $ 2,100,000 $ 206,000

Furniture and Fixtures Value:
$ 256,187 (included in the asking price)

Business Summary:
High volume and recently fully remolded American / Kosher style restaurant deli serving breakfast and lunch. Since 1997, this deli has been one of central Jersey's best-kept secrets, offering a dining menu of more than 200 items with full catering services. The business is open 7 days a week and has built its reputation on using only the highest quality ingredients and providing the best possible service. Conveniently located in a popular commercial mall, this deli is the ideal place for dining and catering needs. They have a large selection of mouth-watering cakes, creamy cheesecakes and delicious seasonal specialties. This deli excels at catering special occasions and corporate events, from full hot buffets to soups and sandwiches for 10 to more than 100 guests, they will prepare to your specifications. High volume and recently fully remolded American / Kosher style restaurant deli serving breakfast and lunch. Since 1997, this deli has been one of central Jersey's best-kept secrets, offering a dining menu of more than 200 items with full catering services. The business is open 7 days a week and has built its reputation on using only the highest quality ingredients and providing the best possible service. Conveniently located in a popular commercial mall, this deli is the ideal place for dining and catering needs. They have a large selection of mouth-watering cakes, creamy cheesecakes and delicious seasonal specialties. This deli excels at catering special occasions and corporate events, from full hot buffets to soups and sandwiches for 10 to more than 100 guests, they will prepare to your specifications. This is a wonderful business opportunity. The business has an assignable commercial lease which expires 4/30/2021 plus additional options, cost per square foot is $26.50 with a monthly rent of $11,306.67, cam $4,624 and rent security $15,000. Rent increases every 30 months of $1.50 per sq. ft. This is a wonderful business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

 

   
Year Business was Established: 1995
   
Number of Employees: 28  
   
Facilities / Terms of Lease: This retail facility which consist of 5,120 square feet with a modern professional appearance. The business is in a mid-size mall with various other active and successful businesses. This opportunity is in Central / South New Jersey, Camden County, which consists of various affluent communities with continued demand for this industry.  
   
Potential Growth/Expansion: The business presently has a limited marketing plan, basic web site and if improved can further develop the business bottom line net income.  
   
Competition: To the best of our knowledge due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.  
   
Owner willing to finance: Available with an appropriate down payment.  
   
Owner willing to train: The owner will remain post-closing for to supply an appropriate transitional period to the new operator.  
   
Reason for selling: The owner is retiring after forty years in this food service industry.  
   
Seller Reference Number: DELI281
BusinessMart.com Listing Number: 247328
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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