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Business For Sale

GREAT RESTAURANT/DELI/TAKE OUT/CATERING BUSINESS

Attn: Rudy Iacobellis
Bergen County, NJ, USA
Listing Number: "10106"
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Asking Price: $775,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retiring
Year Established: 1990
# of Employees: 5 Full Time / 5 Part Time
Yearly Revenues: $988,000
Yearly Cash Flow: $263,100
Yearly Net Profit: $214,700
Yearly Gross Income: $691,600
Monthly Payroll: $17,333
 

Business for Sale Overview:

Owners are ready to tour the world - now it is your turn to take over this highly rewarding food business! This high traffic location offers the following to its new owner: prime 4,000 square feet location in busy shopping area; long lease with renewal options; only tenant in shopping center allowed to sell kosher products; 17 years at this location!


Property Features and Assets:

Prime Class A Shopping Center - includes lease that runs to 2017 with long option. $775,000 worth of equipment, quality furniture, inventory included in sale price. Kitchen & Dining Room in excellent condition.


Market Competition and Expansion:

No competition at this level. Double store could allow for separate or additional services. Growth possibilities are endless to tap into lunch delivery with many large corporations in the vicinity.


Additional Details:

  • The property is leased.
  • 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.

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