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

Luncheonette Deli for sale in Burlington County, NJ

Burlington County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 295,000 $ 700,000 $ 101,000

Furniture and Fixtures Value:
$ 120,000 (included in the asking price)

Business Summary:
Solid business opportunity for this highly successful deli and grill located in an active community with many corporate companies who require this food service. This deli has a gross income of approximately $700,000 yearly, also lotto and ATM net income of approximately $20,000, and a consistent net yearly income of $101,000 based on an onsite owner operator. This Deli has been a family-owned business serving Burlington County since 1969, has fed generations of customers over its five decades and has maintained the same high-quality and standards they are known for today. Itís a neighborhood store that feeds its people well and remains a weekly staple. This is a wonderful business opportunity. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

 

   
Year Business was Established: 2008
   
Number of Employees: 6  
   
Facilities / Terms of Lease: This combo deli and restaurant business facility consist of approximately 1500 square feet and has an attractive modern retail image. The retail business is on a commercial avenue with lots of available parking. The business is in a single unit commercial property in Central New Jersey, Burlington County, which consists of highly populated communities and a substantial number of corporate companies doing business in this general area.  
   
Potential Growth/Expansion: The business can be further expanded by the new operator, presently has a limited marketing plan, owner absentee, no local advertising, no web site, limited deliver and catering and if improved can further develop the business yearly gross sales.  
   
Competition: Regarding competition, it is our understanding no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.  
   
Owner willing to finance: Possible seller financing is available to a qualified buyer  
   
Owner willing to train: The owner will remain after-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.  
   
Reason for selling: The purpose of this business transaction is due to the partners absentee and separation  
   
Seller Reference Number: DELI288
BusinessMart.com Listing Number: 251809
 

 

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For more info contact:

Ronald Cervelli

Regal Consulting Corp.
973-837-0808

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