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Deli/Restaurant

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$269,000 $442,000 $140,000

Furniture and Fixtures Value:
$10,000 (included in the asking price)

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

Business Summary:
Turnkey deli/restaurant in upscale area; residents and service providers in area keep this place busy. Nice and clean environment, seats up to 25 persons inside, plus outside seasonal seating. Busy buffet. Parking for up to 12 cars and trucks. Closes at 5pm, motivated new owner can stay open for dinner & delivery. Large storage place in basement, with a small office. Catering provides more to bottom line. This is a money-maker. Contact Ted Cerulli at 908-851-9040 Ext. 269 or 908-963-9421 for details regarding operation, expansion, and to arrange a showing.

 
   
   
Year Business was Established: 2006
   
Number of Employees: 2FT/2PT  
   
Facilities / Terms of Lease: 1,500 sq. ft. turnkey deli/restaurant, free standing with own parking lot, seats approximately 25, has large storage and prep area; solid customer base in affluent area  
   
Potential Growth/Expansion: Contact Ted for information on expansion  
   
Competition: Limited competition in area; solid and loyal customer base  
   
Owner willing to finance: Partial seller financing to qualified Buyer  
   
Owner willing to train: 2-4 weeks  
   
Reason for selling: Relocation  
 

 

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