Money Making Convenience Deli
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $199,000 |
$350,000 |
$127,800 |
Furniture and Fixtures Value:
$90,000 (included in the asking price)
Inventory Value:
$30,000 ( not included in the asking price)
Business Summary:
COMMISSIONS- right location in the correct area for this business. Surrounded by 1600 apts, schools, areas largest Laundromat right across street within very busy intersection. Parking for over 10 cars. New $20,000 grill just installed has helped volume and customer base going up beyond presented figures. A great deal of new customers coming from D/D located across street this deli is pickup for a great amount of breakfast buyers. Largest convenience sale product is detergents marked up over 100%. This is the supply house for large Laundromat located across street state of art security system with 9 cameras and remote access. Deli end of business really exploding because of new grill. Areas largest lottery stop. Has brand new $2,200 touch screen ATM. Extremely high commission income and climbing breakdown on commission 47k lottery 15k Western Union 6k ATM. Balance of other income is salary of $12,500 for owner $127,800 cash flow easily verifiable. For further information, please contact Vito Mastromonaco at 908-851-9040 Ext 285
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| Year
Business was Established: 1989 |
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| Facilities / Terms of Lease:
Compact $1,300 squared foot with a great deal of brand new features and equipment. Good lease, local parking only deli in area with parking. |
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| Potential
Growth/Expansion:
Business is great only possibility of increasing sales is offering delivery. This spot would be great for legal check cashing which present office can be converted into. |
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| Competition:
Not many deli/convenience located at this major intersection. Has D&D across street from whom this now has food breakfasts pick up great amount of hot breakfast sales. |
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| Owner
willing to finance:
Owner would accept $20,000 terms negotiable |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Divorce |
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| REQUEST MORE INFO |
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