Food/Deli Store
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $89,000 |
$320,000 |
$17,600 |
Furniture and Fixtures Value:
$15,000 (included in the asking price)
Inventory Value:
$4,000 ( not included in the asking price)
Business Summary:
Excellent money making business which has grown last three years. Owner relocating out of state. Located on a very busy Latin area. Perfect spot for a Spanish speaking new owner. Will to work. At present, owner is not working store, store does not have to be open 24 hours as midnight to 6am sales are limited. Owner never applied for NJ lottery license which may be added after application process. All equipment in working order. For further information please contact Executive Business Brokers at 908-851-9040
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| Year
Business was Established: 2008 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
1,600 sq. ft. with street parking. 2 years with three 5 year options at 3% increase. No increase until option. Freezer and 3 deli cases, soda case, camera system |
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| Potential
Growth/Expansion:
Limited |
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| Competition:
Very busy competitive area but with a large market |
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| Owner
willing to finance:
5 years $60,000 at Prime + 2% |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Leaving New Jersey |
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| REQUEST MORE INFO |
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