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48 year old family deli

Passaic County, New Jersey

Asking Price: Gross: Cash Flow:
$169,000 $415,000 $69,140

Furniture and Fixtures Value:
$45,000 (included in the asking price)

Inventory Value:
$20,000 ( not included in the asking price)

Business Summary:
Thriving Italian deli/butcher since 1968. Current owner moving back into corporate world. Busy street, great neighborhood minutes from routes 46, 80 and 23. Generations of neighborhood customers as well as numerous walking and drive-bys. Current staff of 2 fabulous workers and owner. Professional website and Facebook page as well as flags, banners and other marketing materials included in sale. Added back owners salary $1400 per week to show for and owner operator. FF&E valued at $45,000.

 
   
   
Year Business was Established: 48
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 1900 sq. ft. excellent condition, parking front and rear side, lease 5+5  
   
Competition: Really not too much  
   
Owner willing to train: As necessary  
   
Reason for selling: Going back to corporate world  
 

 

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