Seller's Contact Information
- RE: Deli-Lotto Nets $110,000
- Contact: Customer Service
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $810,000 | |
| Net Profit: | $110 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 115,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1975 | |
| Employees: | 4 | |
| BBN Listing #: | 4723909 | |
| Broker Reference #: | DELI329 |
Business Overview:
Successful Fast-food Deli, business with a gross yearly income of $820,000 which includes discretionary income and a net yearly income of $120,000. Priced to sell for this highly profitable forty-year retail food business with owner financing. This combination deli, mart and Lotto is located in Northern New Jersey in Bergen County on an active county road. The business sales represent 80% 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.
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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 1,850 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 Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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