***Landmark Deli/Caterers*** Summit,NJ ***Prime Location***

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High Profit...Plus Prime Location in Summit, NJ
Asking Price:
$750,000

Gross Revenue:
$1,300,000
Cash Flow:
$302,100
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

We offer a "Landmark Location" across from the Downtown Summit train station... ***We are a Offering a Spectacular Deli/Caterers business... Everything is in immaculate condition with seating for 30 inside and out.. We are open 6 days a week Monday - Friday from 6am to 5pm (Sat is 7am - 4pm)... Our lease is $7800 monthly with 5 year options... We are the only game in the area for the last 33 years.. . *****This opportunity is only seen once-in-a-lifetime!!!

Take advantage and----->Call Now,

Ralph Autorino, Berkshire Hathaway HS-NJP...Business Broker

Please Call--->Ralph's cell#-------> 908-655-5275

***Attention New Jersey Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business Take advantage and call Ralph Autorino, Business Broker now...Ralph's cell#-------> 908-655-5275

About the Business

Location:
Summit, New Jersey
Year Established:
1985
Number of Employees:
10F
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$7,800.00 Per Month
Lease Expiration:
9/30/2021
Facilities:
Prime Downtown location across from the Summit Train Station... We seat 30 inside and out... We are a 2300 sqft Landmark Deli...
Market Outlook/
Competition:
No competition... Best game in town
Growth & Expansion:
Growing every day...
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About the Sale

Reason For Selling:
Other Interests...
Training/Support:
Seller will stay on after closing for training...
Seller Financing:
excellent Seller Financing for Qualified Buyers...

Listing Info

ID:
1552554
Ad Detail Views:
205

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Business Listed by

Ralph Autorino

BHHS NJ Properties

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