Luncheonette Deli In Sussex County For Sale

Business description

Popular long established Lunch Deli & Catering business
located on a busy county road of northern NJ Sussex County.
The facility is 2,000 square feet, clean modern and attractive
with a full commercial kitchen and indoor & outdoor seating for
its customers. The operation is well known offering
Breakfast/ Lunch and Dinner to its loyal customer base and
daily travelers. The business also offers Lotto with a large
volume of catering including pick up and take out service. The
present owners have maintained an excellent reputation for
many years and have now chosen to retire to Florida.
Substantial private parking is at the facility and part of the
lease agreement. The staff is unaware of the pending sale
and is expected to remain post closing. The business is open,
Monday thru Saturday 6:00 am to 8:00 pm Sunday 8:00 am to
4:00 pm. The business has a municipal food license which
permits the sale of food. An existing 10 year lease is available
for transfer with a monthly rent of $2,775. This seven day
operation has yearly gross sales of $400,000 which can be
further improved with marketing. The seller will also provide
the necessary financing and training for a new operator. This
is an excellent opportunity.

Property information

Real Estate:

Lease

Location:

The business is located in Northern New Jersey in Sussex County, on a busy county road with a high volume of drive by traffic.

Premises details:

The facility is in a three store mall with a modern attractive appearance. The business is two thousand square feet with a full commercial kitchen. The facility also has a rear entrance for deliveries and all equipment is in excellent condition.

Business Operation

Expansion potential:

By instituting an improved marketing plan for catering and delivery service this business can further improve its bottom line income.

Competition / Market:

No other food Lunch/Deli competitors are in the area and seller will supply a long term non compete agreement to the new owner.

Reasons for selling:

The seller is retiring after many successful years in this food industry.

Employees:

4

Years established:

1975

Other information

Support & training:

The seller will supply a full training period and remain post closing for 30 days.

Financing available:

Some owner financing is available to qualified buyer.

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$2,500 (included in the asking price)

Related documents:

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