Growing Deli and Liquor Store-33326

Not Disclosed, NJ
Bergen County


Asking Price: Annual Revenue:
$599,000 $991,200

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Growing Deli and Liquor Store-33326 Broker: Melvin L. Vaz
Owner Financing is Available!
$400,000.00 Down & $199,000 over 4 years @ 6%.

Quick Facts

Asking Price: $599,000
Annual Revenue: $991,200
Net Profit: Not Disclosed
Cash Flow: $193,200
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 56624447
Broker Reference #: 33326

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Business Overview:

Growing Deli and Liquor Store. A very unique business. They offer a full liquor store (1,100 square feet.) adjacent to a full deli (1,100 square feet.) There is an upstairs storage area and a 2,200 square feet basement. Both businesses have been growing steadily since they opened. The combined gross revenues are approximately $991,200.00 (Liquor - $780,000, Deli (projected) - $192,000, Kitchen rental income $19,200), with a projected owner's cash flow of approximately $193,200.00 for this year. The landlord will offer a 10 year lease (5 5) for a qualified buyer with good credit. Total rent is $4,800/month. That is offset by $1,600/month in rental income from a commercial baker that uses the kitchen. That contract is locked in for the next 3 years. This space deserves a visit. We are seeking a serious and financially qualified buyer with at least $490,000 in liquid funds to cover the down payment and inventory. To learn more, please contact Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Reason for Selling:

Divesting

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.

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