Owner Financing is Available
Business for Sale Overview:
A Deli / Luncheonette & Convenience Store with Lotto located in a busy mall center and prime community of Morris County, New Jersey. This business is long established and boasts high volume daily customer traffic with an indoor seating capacity for 98 customers. The kitchen is fully equipped and the site is located on a highly traveled road. The opportunity includes a long term lease with reasonable terms. The business produces annual sales of $835,000 with a substantial net profit for the owner. The present owner wishes to retire and will provide seller financing to a qualified purchaser. A super Deli / Convenience Store opportunity!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This facility is 3,300 square feet and has a seating capacity for 98 customers. There are also 50 parking spaces available on-site. An existing 30 year lease is available for transfer with a current monthly rent of $3,600 plus taxes.
Market Competition and Expansion:
There is no similar competition in the immediate area.The business is in a great location and highly traveled road. There is plenty of room for expansion with a new marketing program and by adding catering with deliveries.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.