Luncheonette Deli

Not Disclosed, NJ
Burlington County

Asking Price: Annual Revenue:
$295,000 $700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Luncheonette Deli Broker: Ron Cervelli
Owner Financing is Available!
Possible seller financing is available to a qualified buyer.

Quick Facts

Asking Price: $295,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $101,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 7933909
Broker Reference #: DELI288

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Business Overview:

Solid business opportunity for this highly successful deli and grill located in an active community with many corporate companies who require this food service. This deli has a gross income of approximately $700,000 yearly, also lotto and ATM net income of approximately $20,000, and a consistent net yearly income of $101,000 based on an onsite owner operator. This Deli has been a family-owned business serving Burlington County since 1969, has fed generations of customers over its five decades and has maintained the same high-quality and standards they are known for today. It’s a neighborhood store that feeds its people well and remains a weekly staple. This is a wonderful business opportunity. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.

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Property Features and Assets:

This combo deli and restaurant business facility consist of approximately 1,500 square feet and has an attractive modern retail image. The retail business is on a commercial avenue with lots of available parking. The business is in a single unit commercial property in Central New Jersey, Burlington County, which consists of highly populated communities and a substantial number of corporate companies doing business in this general area.

Market Competition and Expansion:

The business can be further expanded by the new operator, presently has a limited marketing plan, owner absentee, no local advertising, no web site, limited deliver and catering and if improved can further develop the business yearly gross sales.

Reason for Selling:

Partners absentee and separation.

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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