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Asking Price:	$400,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Conv & Food Stores
Reason for Selling:	Seller wants to retire.
Year Established:	1940
# of Employees:	12
Yearly Revenues:	$1,100,000
Yearly Cash Flow:	$100000

Business for Sale Overview:

The deli, grocery store with butcher is on a busy highway in a nice, growing area of Warren County, NJ. The deli has lottery and serves cold cuts, cold sandwiches, salads, prepared food and quality meats. The seller states the revenue is roughly split 60% for grocery and 40% for deli & meat. He generally targets a 30% Gross Profit margin. His annual net lottery commission is approximately $8,000. Although he has cigarettes, he only sells approximately 40 cartons per week. The above information has been secured from the Seller. Easy Span Business Brokers or Easy Span Enterprises in no way guarantees the accuracy of such information, nor does it warrant any assumptions as true and correct. The business may be withdrawn from sale without notice.

Property Features and Assets:

The store is in on a busy highway in western NJ. The parking lot has spaces for 14 cars. There is an apartment above the store. The basement is used for storage. The seller is offering the property for $900,000 through Arne Lebrato, Agent for Coldwell Banker Commercial Hearthside Realtors, 908 246 3943 cell.

Market Competition and Expansion:

The business is long established as is their competitors.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.