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Deli

Monmouth County, New Jersey

Asking Price: Gross: Cash Flow:
$179,000 $390,000 $75,577

Furniture and Fixtures Value:
$25,000 (included in the asking price)

Inventory Value:
$10,000 (included in the asking price)

Business Summary:
Profitable, clean, well maintained 2 banks and pharmacy in center. 7,000 homes in 2 mile radius. Room for expansion - next door. Does catering 2 schools within 1 1/2 miles in Quail creek shopping center, Italian specialties. $50,000 added for full time working owner. For further information, please contact Roy Morton @ 908-851-9040 Ext. 291.

 
   
   
Year Business was Established: 1995
   
Number of Employees: 1FT/2PT  
   
Facilities / Terms of Lease: 1,050 sq. ft. in shopping center, seating 6 50 + parking, 15 year old, good clean condition lease: 5 year option but landlord will give new lease. 7,000 homes within 2 mile radius.  
   
Potential Growth/Expansion: Can be expanded into adjacent store does not have lotto  
   
Competition: Pizza restaurant and bakery near by  
   
Owner willing to finance: 3 year @ prime + 2%  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Has other business  
 

 

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