Very high volume Hot Food/ Deli/ C-store
union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $379,000 |
$1,080,000 |
$261,402 |
Furniture and Fixtures Value:
$65,000 (included in the asking price)
Inventory Value:
$25,000 (included in the asking price)
Business Summary:
Nicely-renovated Deli/Hot Food/ Convenience store in a high-traffic area off a long thoroughfare. Plenty of free parking in a lot. Several nearby schools & churches drive many people to this section of town. A lot of local businessmen frequent the store as well. There’s also a lot of “late night” weekend business due to it never closing. FURNITURE, FIXTURES & EQUIPMENT valued at a minimum of $65,000 is included in sale. A new owner could offer some additional “hot food” items to increase profits. OTHER INCOME: Lottery $50,000, ATM 13,200, & Cig Rebates 10,000 = $73,200. A new tenant should get a similar lease situation if they qualify. Contact Seth Kain @ 201-317-4710 for additional details & showings.
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| Year
Business was Established: 9 |
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| Number of Employees:
2FT/ 4PT |
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| Facilities / Terms of Lease:
There’s plenty of free parking in a shared parking lot. It’s in a small strip mall. “all” Furniture, Fixtures and Equipment are in a very good condition and are included in the sale. Present owner has approximately (1) year left of his present 10 year lease along with a 10 year option. A new tenant should be able to get a similar lease situation if they qualify. |
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| Potential
Growth/Expansion:
A new owner should a bit more hot food choices. It’d be a good idea to offer Western Union, MoneyGrams and or Money Darts. |
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| Competition:
There’s a 7-Eleven a few blocks away. But they don’t offer prepared grilled sandwiches, cheesesteaks, sub, hamburgers, and french fries while you wait. They only offer pre-made sandwiches and boxed pizza. This business prides itself on fresh food and very large coffee station and a large supply of convenience items. |
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| Owner
willing to finance:
The owner is offering financing for up to 36 months and possibly longer to qualified buyers. |
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| Owner
willing to train:
A “minimum” of 2 weeks at no cost to the Buyer |
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| Reason for selling:
Owner has other business interests & cannot devote enough of his time to business. |
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| REQUEST MORE INFO |
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