Beautiful Deli in an Affluent Town
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $129,000 |
$345,000 |
$141,550 |
Furniture and Fixtures Value:
$45,000 (included in the asking price)
Inventory Value:
$10,000 (included in the asking price)
Business Summary:
Nicely shown deli located in the affluent town of Westfield. In a high traffic area with plenty of public parking directly behind the store. Presently run by a husband & wife team with one part-timer. Furniture, Fixtures & Equipment valued $45,000 & Inventory $10,000 are included in the sale. Figures are for 6 months and are projected out for one full year. Landlord will offer a long term lease with options to qualified buyers. New owner should increase his menu to increase sales & profits along with adding lottery. Contact Seth Kain @ 201-317-4710 for additional details.
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| Year
Business was Established: 2014 |
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| Number of Employees:
2pt |
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| Facilities / Terms of Lease:
1600 square feet along with a full size basement. All Furniture, Fixtures & Equipment are in very good condition. There’s public parking directly behind the deli. Owner has 9 ½ years left on his 10 year lease plus (1) 10 year option. A New owner shouldn’t have a problem getting a similar lease arrangement through the landlord. |
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| Potential
Growth/Expansion:
A new owner could do advertising and promotion to enhance sales and profits. Both could be done through many area schools and in local town publications. Local voucher advertising would be beneficial as well. |
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| Competition:
There are several other delis on the town. Nut there is only one within a fairly short distance to this delicatessen. |
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| Owner
willing to finance:
May consider short term financing for qualified buyers |
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| Owner
willing to train:
Up to 2 weeks of onsite training. |
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| Reason for selling:
The owners live out-of-state and cannot devote enough time to effectively run their business. |
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| REQUEST MORE INFO |
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