Popular Deli & Meats - Nearly $1MM in Sales
Passaic County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $225,000 |
$940,000 |
$134,363 |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Inventory Value:
$25,000 (included in the asking price)
Real Estate:
$700,000 ( not included in the asking price)
Business Summary:
Long-established and popular deli and meats in Northern NJ. Large repeat customer base including some commercial accounts. The owners wish to retire.The business is included in the asking price and the real estate is available for sale or lease.Real estate includes:- 1,800 sq ft of retail and butcher space.- 900 sq ft apartment currently renting $1,600 per month with an existing tenant.
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| Year
Business was Established: 1995 |
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| Number of Employees:
2 FT/3 PT |
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| Facilities / Terms of Lease:
The building is equipped with three-phase electric with approximately $100,000 of equipment and fixtures, all less than 5 years old. |
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| Potential
Growth/Expansion:
A new owner should increase hours and remain open 7 days/week. There are opportunities to boost revenue through delivery aggregator services like DoorDash and UberEATS. Significant residential redevelopment in the area is likely to increase foot traffic and commuter traffic to the business. |
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| Competition:
This is one of the last remaining high-quality fresh meat butchers in the area, which has helped to boost revenues as the pandemic subsides. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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