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Asking Price:	$350,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Retirement after 30 years in the industry.
Year Established:	1960
# of Employees:	4
Yearly Cash Flow:	$140,000
Yearly Gross Income:	$530,000

Business for Sale Overview:

A widely known and established, family owned Delicatessen located on a busy road and upscale community of Passaic County, New Jersey. This is a forty eight year old Deli and is one of the towns best known and longest running businesses, popular for its homemade dished and personalized food service. The Deli/Luncheonette offers standard deli meats, sandwiches and homemade dishes. The business has maintained a steady of income over $500,000 annually with a substantial net income and the seller will verify all financial information. This is an excellent opportunity to own a successful Business known to locals as a town landmark.

Property Features and Assets:

Business facility is 1,260 square feet with a large kitchen, full basement and ample indoor capacity. An existing five year lease with an additional option for continuation is available for transfer. Parking is also available.

Market Competition and Expansion:

No similar competitors exist in the general area. With an improved marketing plan for catering this business can be further developed.

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.