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- RE: Popular Deli & Meats - Nearly $1MM In Sales
- Contact: Brian Smith
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $940,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $134,363 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 5 | |
BBN Listing #: | 7154955 | |
Broker Reference #: | 3408-17068 |
Business Overview:
Long-established and popular deli and meats in Northern NJ. Large repeat customer base including some commercial accounts. The owners wish to retire.
The business is included in the asking price and the real estate is available for sale or lease.
Real estate includes:
- 1,800 sq ft of retail and butcher space.
- 900 sq ft apartment currently renting $1,600 per month with an existing tenant.
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Property Features and Assets:
The building is equipped with three-phase electric with approximately $100,000 of equipment and fixtures, all less than 5 years old. Assets = $125,000
Market Competition and Expansion:
This is one of the last remaining high-quality fresh meat butchers in the area, which has helped to boost revenues as the pandemic subsides. A new owner should increase hours and remain open 7 days/week. There are opportunities to boost revenue through delivery aggregator services like DoorDash and UberEATS. Significant residential redevelopment in the area is likely to increase foot traffic and commuter traffic to the business.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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