Deli/Convenience

Hudson County , New Jersey

Business Summary: Well-known 20 year old Convenience/Deli store located in the heart of heavily populated Bayonne. Presently, an owner-operator "family" operation. Sellers are moving out-of-state to be near family. Convenience 80% & Deli 20%. EXECELLENT RENT for being on main thoroughfare. OTHER INCOME: Lottery $22K & ATM $6K. Very minimal direct competition in the area. Opportunity to expand gross sales & net income buy increasing the breakfast menu. Furniture, Fixtures, & Equipment $20K & Inventory $20K included in price. Payroll adjusted for part-timer working (7) evenings per week. For further information, please contact Seth Kain at 908-851-9040. Email : [email protected]
Year Business was Established: 1992
Facilities / Terms of Lease: 1,000 sq. ft. with lottery machine & ATM. Furniture, Fixtures, & Equipment are in excellent condition. There’s presently 5 years remaining on the lease. Landlord could very well offer a longer term or one or two 5 year options.
Potential Growth/Expansion: Can increase the size of the deli
Competition: Minimal area competition. There’s one deli about 1 block away on Avenue C
Owner willing to train: 1 week minimum
Reason for selling: Owners are moving out-of-state