Popular Deli And Food Mart In Hudson County For Sale

Business description

High Volume Deli and food market in a bustling, urban section of Hudson County, NJ. It is in very close proximity to a professional sports arena that attracts a large crowd. This ten year old business offers a menu of basic deli meats and cheeses, as well as fresh sandwiches, drinks and lotto. The facility has a full commercial kitchen that can be utilized to increase the menu for a greater profit. The business grosses about $450,000 and provides a consistent net income to the owner of about $150,000. The current owner is retiring after many successful years in the industry and offering a new lease with reasonable rent. In addition to the business, the property is also available as an option to purchase. This is an excellent opportunity to purchase a successful, established deli business.

Property information

Real Estate:

Lease

Location:

The 1,450 square foot facility is on a busy avenue with numerous other commercial businesses. It maintains a clean, attractive, modern image. The sale includes refrigeration units, counters, POS computer system, numerous display cases, full commercial kitchen, scales, etc. Municipal and avenue parking is available at this location. The sale includes a new 15 year lease with a yearly rent of $30,000.

Business Operation

Expansion potential:

The present owner does not use the commercial kitchen, has limited delivery and with an improved marketing plan, this business has enormous potential.

Competition / Market:

No other competitive deli businesses are in this particular area.

Reasons for selling:

The owner is retiring after many successful years in the industry.

Employees:

4

Years established:

1990

Other information

Support & training:

Seller will supply a full transitional period to the new operator and will remain post closing for 60 days.

Owner financing:

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

Financing available:

Owner financing is available with $150,000 down.

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$7,500