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Business For Sale

50 Year Old Deli & Food Market

Warren County, NJ

Food & Beverage: Conv & Food Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$325,000
Not Disclosed
Not Disclosed
$125,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$165,000
Owned
1955
5
31013909
Owner Financing is Available!
Seller financing is available with $150,000 down.

Business Overview:

Very successful food mart, with fresh deli and convenience store located on a major thoroughfare in northwestern, NJ. The business has grown an exceptional reputation over the past 50 years and manages to produce $1,000,000 in gross sales. The recently renovated food market consists of all departments including grocery, deli, dairy, fresh produce, frozen foods and fresh and frozen meat. The facility is in a prime location near a busy intersection and among several highway outlets, with an advantage as the only convenience and grocery store in the general area. This business can be further improved by adding Lotto, an ATM machine and Catering services. This seller owns the real estate property and will supply the new operator with a long term lease at reasonable terms. This is truly a great 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:

Located on an active commercial avenue in Warren County, NJ among many other businesses and homes in need of this service. The 2,900 sq. ft. facility has a clean and modern image, with ample storage, a large basement and a private office. Seller will provide a 15 year lease term with a monthly rent of $4,500.

Market Competition and Expansion:

No similar competitors are nearby or in this particular area of the business. With continued service quality and by introducing off premises catering the business can be further developed. Also implementing Lottery will increase the businesses income.

Reason for Selling:

Present owner has alternative businesses.

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.