Business Overview:
$50,000 lottery commission annually verified by state. Located in strip mall ample parking front and rear of mall. Mall has given this specific located business-convenience/deli major exclusive tenant rights within entire mall. Lottery, cold beverages, coffee, sandwiches and cigarette sales. Has 2 operating slicers and grill-very busy in morning. 25% Deli-75% convenience. All mostly cash. Sell high end Boar’s Head deli products deli and convenience mark up 45% cigarette sales 10%. No deli/lottery competition for miles North and South of this location (same side of highway) could do much better deli business by initiating delivery service. Very roomy store many more items with higher markups can be sold such as beauty/cosmetic line merchandise by implementing new line and products. Owner say gross sales would increase 500 to 700 dollars a day. $8,820 extra income from sale of phone cards, ATM and rebates. RENT AND LEASE ARE NEGOTIABLE TO A NEW BUYER.
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:
$2,400 square feet facility located on major highway Monmouth County plenty of parking. 10 year lease (5 plus 5) lease from landlord has great many advantages.
Market Competition and Expansion:
Competition
No competition for deli convenience and lottery for 41/2 miles North of location and 5 miles South of location.
Expansion
No deli in area has delivery which should be implemented. Can install a new menu and deli items that would compliment any Boar’s Head quality cold cuts.
Reason for Selling:
Owner is burnt out
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: