Convenience Store Deli With Lotto In Hunterdon County For Sale

Business description

Convenience Store Deli and Food Mart business with Lotto
located in Hunterdon County, New Jersey. The facility is fully
upgraded and modernized with an attractive appearance. The
business serves an active over the counter and full service
food service plus deli lunch and grill food. The facility consists
of a free standing building with a modern appearance, rapid
service with indoor seating. This C-Store Deli store is well
known for its excellent service, fresh bagels and large
assortment of food mart products. The Bagels are not baked
at the facility and are delivered daily. The business income
also consists of Lotto, news papers sales and ATM. The
business produces yearly gross sales of $400,000. Walk in
refrigeration, commercial kitchen for high volume production,
numerous displays, lots of counter space, POS computer &
phone system, etc.The building has a capacity for 25
customers with storage and private office. Private parking for
23 vehicles is onsite and part of the lease agreement. This is
a seven day operation, Monday Friday 6:00 am to 6:00 pm
Saturday - Sunday 6:00 am to 4:00 pm. The business has a
municipal CO which allows the sale of retail food to the
general public. Additionally, the business is approved for
Lotto and ATM. The sale includes an existing lease with an
additional 5 year option for continuation and a monthly rent of
$3,400. The present owner is absentee, has an alternative
business and cannot continue to devote the required time to
maintain this location. This is an excellent purchase
opportunity which can represent a solid long term return on
your investment.

Property information

Real Estate:

Lease

Location:

The facility consists of a free standing building, 1,750 square feet with a full commercial kitchen and a clean modern appearance. The facility s setup is similar to a 7-Eleven with food mart isles and a sit down luncheonette area. The business is located in Hunterdon County, NJ on a state highway with lots of drive by traffic and substantial demand for this food service.

Business Operation

Expansion potential:

Due to the absentee owner the service is poor and with an advertising plan the business can be further developed.

Competition / Market:

No other C Store Deli Food Marts exist in the immediate area of this business and sale includes a non compete agreement to purchaser.

Reasons for selling:

Absentee and cannot devote the required time to maintain this facility.

Employees:

2

Years established:

1975

Other information

Support & training:

Seller will supply a full transitional period and will remain 30 days post closing.

Owner financing:

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

Financing available:

Financing for inventory is available

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)

Related documents:

• 
• Non-Disclosure Agreement