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Business For Sale

DELI/CONVENIENCE STORE ACROSS FROM THE MARINA

Attn: Mohamed Elatriss
Morris County, NJ, USA
Listing Number: "00232"
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Asking Price: $185,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Other Businesses
# of Employees: 2 Full Time
Yearly Cash Flow: $141,490
Yearly Gross Income: $520,000
 

Business for Sale Overview:

Well located Deli/ convenience store that has been in business for 15 years from which the last 10 were under current owner. This location does about 40% Deli & sandwiches, 30% cigarettes sales & the other 30 is just grocery. Excellent location, right across the street from marina (very busy in the summer time). Nice layout store with plenty of room to do even more. It has its own parking lot, nice set up for a couple to own such a business. The surrounded area is mostly residential, except the part that it is cross the street form the marina. Excellent neighborhood and surrounded environment. Current owner needs to focus more on his second business.


Property Features and Assets:

Small strip mall on a major road with parking facility, 5 years lease with option to renew.


Market Competition and Expansion:

Normal competition. Huge room For Expansion, with owner operator will be an excellent opportunity.


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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