50 Year Old Warren County Deli & Food Market For Sale

Business description

Very successful food mart, with fresh deli and convenience
store located on a major thoroughfare in northwestern, NJ.
The business has grown an exceptional reputation over the
past 50 years and manages to produce $1,000,000 in gross
sales. The recently renovated food market consists of all
departments including grocery, deli, dairy, fresh produce,
frozen foods and fresh and frozen meat. The facility is in a
prime location near a busy intersection and among several
highway outlets, with an advantage as the only convenience
and grocery store in the general area. This business can be
further improved by adding Lotto, an ATM machine and
Catering services. This seller owns the real estate property
and will supply the new operator with a long term lease at
reasonable terms. This is truly a great opportunity.

Property information

Real Estate:

Lease

Location:

Located on an active commercial avenue in Warren County, NJ among many other businesses and homes in need of this service.

Premises details:

The 2,900 square foot facility has a clean and modern image, with ample storage, a large basement and a private office. Seller will provide a 15 year lease term with a monthly rent of $4,500.

Business Operation

Expansion potential:

With continued service quality and by introducing off premises catering the business can be further developed. Also implementing Lottery will increase the businesses income.

Competition / Market:

No similar competitors are nearby or in this particular area of the business.

Reasons for selling:

The present owner has alternative businesses out of this particular area.

Employees:

5

Years established:

1955

Other information

Support & training:

Seller will supply the new owner with a full training period post closing.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available with $150,000 down.

Furniture / Fixtures value:

$165,000 (included in the asking price)

Inventory / Stock value:

$50,000

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