Deli-Lotto Nets $120,000

Lodi, NJ
Bergen County

Active county road.

Asking Price: Annual Revenue:
$269,900 $800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Deli-Lotto Nets $120,000 Broker: Customer Service
Owner Financing is Available!

Quick Facts

Asking Price: $269,900
Annual Revenue: $800,000
Net Profit: $120,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1975
Employees: 4
BBN Listing #: 4723909
Broker Reference #: DELI325

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Business Overview:

Successful Fast-food Deli, business with option for the property with a gross yearly income of $860,000 which includes discretionary income and a net yearly income of $120,000. Priced to sell for this highly profitable forty-year retail. This combination deli, mart and Lotto is located in Northern New Jersey in Bergen County on an active county road. The business sales represent 90% sandwich and salad products which represent a substantial markup to the bottom-line yearly income. This is a dependable business opportunity which can be substantially improved with additional products. The 2021 yearly gross income as represented by the owner is approximately $800,000 which includes seller discretionary income, and the business has a yearly net income of approximately $120,000 plus any discretionary income and based on an onsite owner operator and prior to any debt service. Also, due to the possibility of seller discretionary income, a formal due diligence is recommended by the purchaser.

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Property Features and Assets:

This long-standing successful retail business which offers deli, mart, lotto, and mart products is located on a busy avenue with lots of drive by vehicles. The business facility consists of approximately 2,000 square feet with a clean attractive image. The business is in a free-standing commercial facility located in Northern New Jersey, Bergen County, on an active county road and consists of various highly populated urban communities with continued demand for these food products. The facility has a huge dry basement with ten-foot ceiling allowing substantial storage.

Market Competition and Expansion:

To the best of our knowledge no other new competitors are expected near to this business, due to the unavailability of additional liquor licenses and the owner has agreed to supply a non-compete agreement to the purchaser.

Reason for Selling:

Relocating out of state.

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.

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