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Business For Sale

Free Standing Deli/Convenience Store on Busy Road

Passaic County, NJ

Food & Beverage: Conv & Food Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$125,000
$312,000
Not Disclosed
$42,905
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
2
69812979
Owner Financing is Available!
$100,000 down, $50,000 payable over 3 years at Prime plus 2%

Business Overview:

Located on a busy road in Passaic County. Established over 21 years. This free standing Deli/Convenience store features include 2,000 square feet, very clean operation with full kitchen, seating for 20 and has parking for 27 cars. This is an excellent opportunity for an experienced operator who can realize the huge potential. Current owner is operating short hours. Expanding the food menu like adding pizza, adding delivery and advertising can easily double or triple the cash flow. Lottery and ATM already in place. Fixtures and equipment valued at $25,000 included in price. Seller is landlord and is looking to retire, will offer favorable terms to qualified 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:

2,000 square feet, free standing building with seating for 20. Equipment and furniture worth $25,000 included in sale. Very clean and spacious with 27 parking spaces. Rent is $3,400 with a 5 year lease plus 5 year option.

Market Competition and Expansion:

Competition - No immediate competition in area. Large residential complex within short distance Expansion - None

Reason for Selling:

Retiring

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.
  • This is not a distressed business or bankruptcy situation.
 

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