Long Established Deli and Convenience Store 15224

Cape May County, NJ

Asking Price: Annual Revenue:
$198,000 $339,693

Food & Beverage: Convenience Stores

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RE: Long Established Deli and Convenience Store 15224 Broker: David Bock

Quick Facts

Asking Price: $198,000
Annual Revenue: $339,693
Net Profit: Not Disclosed
Cash Flow: $66,315
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1955
Employees: 5
BBN Listing #: 5914449
Broker Reference #: 15224 Bock

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Business Overview:

This great life style business purchase opportunity is not for everyone but if it is for you...congratulations! Location is king in all things. Gain the quality of life you always wanted living at the New Jersey shore while profiting from a 50 year established neighborhood deli and Convenience store located street level below your Corner property apartment. Business and real property are located with in 1/4 mile walk from one of the nicest beaches in one of the best rated beach towns in NJ! Total business and real property package for $966,000.00. Seller will handle sale of real property independently. Seller is willing to train and assure transition. The package price includes a large three bedroom apartment (2,200 square feet) - (plus a large 2nd floor rear deck!). Apartment can be lived in or rented out for upwards of $18,000.00 /Year. November 2007 real estate Tax assessment was $701,600.00.

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Reason for Selling:

owner is retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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