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Deli/ Bagel Cafe

Morris County, New Jersey

Asking Price: Gross: Cash Flow:
$180,000 $235,000 $123,736

Inventory Value:
$2,200 (included in the asking price)

Business Summary:
Corner store in strip mall on a major highway facing oncoming traffic. Great customer base that keeps on growing. $80,000 builds out within the last 18 months. Close parking is never a problem, Lunchtime delivery and Sunday opening would increase volume dramatically. Easy access to full basement with unlimited storage space. 4 years remaining on current lease with 5 year option.

 
   
   
Year Business was Established: 34
   
Number of Employees: 1pt/2ft  
   
Facilities / Terms of Lease: 940 sq ft in excellent condition with plenty of strip mall parking. Lease 4 years + 5 years option  
   
Potential Growth/Expansion: Not impossible  
   
Competition: Average  
   
Owner willing to finance: 3 years +prime 2  
   
Owner willing to train: ass much as necessary  
   
Reason for selling: Owner opening different typeof eatery out of area.  
 

 

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