Deli at blow out price
Bergen County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $485,000 |
$360,818 |
$132,663 |
Furniture and Fixtures Value:
$120,000 (included in the asking price)
Inventory Value:
$50,000 ( not included in the asking price)
Real Estate:
$335,000 (included in the asking price)
Business Summary:
Being sold CHEAP, selling price is extremely below market or true value; both for real estate and for business’s with rental incomes. Someone’s dream will come true. Deli business with annual profit of $133K being sold for $150K. Building and property market value $415,000. Being sold at $335K getting a value such as this is hard to come across again in one’s life time. Deli being sold way below present market value. Deli with own parking 75% cash 25% credit. Only negative 15% cigarette sales. 2nd floor 8 room apt. with 4 bedrooms & 2 baths rent $1800 a month. Put a pizza oven in here, sales, profits will go off the charts. Other incomes are lottery $20K Western Union $7K ATM, Faxing, Cashbacks all total $58K. Personal perks in misc. expenses. No pizza or delis except in crowded mall. No competition for one mile each way. If area has water shelf problem the Exxon Corp accepts all liabilities. This is a once in a lifetime opportunity.
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| Year
Business was Established: 1964 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
Deli, convenience, apartment, building and with property, parking all in good shape being sold below market value. |
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| Potential
Growth/Expansion:
Opening on Sunday/ catering and placing a pizza oven in the facility this will definitely take place to another level as there are no pizzeria’s around. |
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| Competition:
Except for deli in major shopping mall, no deli operation for 1 mile in 4 directions. |
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| Owner
willing to finance:
Owner would accept small amount of financing from a strong buyer |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Owner wants to retire |
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| REQUEST MORE INFO |
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