Super Deli/ Lunch & C-Store with Lotto
New Jersey (Morris County)
Food and Beverage - Other Food and Beverage  |  Retail Stores - Convenience Stores
Seller Financing Available
Asking Price:   $650,000Inventory:   $12,000 **
Gross Revenue:   $835,000Real Estate:   n/a
Cash Flow:   $225,000FF&E:   $150,000 ++
++ included in the asking price         ** not included in the asking price
A Deli / Luncheonette & C-Store with Lotto located in a busy mall center and prime community of Morris County, New Jersey. This business is long established and boasts high volume daily customer traffic with an indoor seating capacity for 95 customers. The kitchen is fully equipped and the site is located on a highly traveled road. The opportunity includes a long term lease with reasonable terms. The business produces annual sales of $835,000 with a substantial net profit for the owner. The present owner wishes to retire and will provide seller financing to a qualified purchaser. A super Deli / C-Store opportunity!
About the Business
Year Established:1968
Employees:8 full time -
Facilities:This facility is 3,300 square feet and has a seating capacity for 95 customers. There are also 50 parking spaces available onsite. An existing 30 year lease is available for transfer with a total monthly rent of $5,000 including cam charges.
Market Outlook and Competition:There is no similar competition in the immediate area. The business is in a great location and highly traveled road. There is plenty of room for expansion with a new marketing program and by addiing catering with deliveries.
About the Sale
Management Training and Support:The seller will provide a complete due diligence review period.
Reason For Selling:Retirement
Seller Financing:Seller financing is available

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Seller ID:DELI113
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Business Listed By
Ron Cervelli  |  Regal Consulting Corp.
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