High Volulme Deli & C – Store
Location: United States -> New Jersey -> Morris County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
This is a very large Deli & C-Store located in Morris County, New Jersey. It contains a large cafe area that seats over 90 customers. The owner has been operating this business for over 14 years and is ready for retirement. This business does approximately 1 million dollars in sales and nets $215,000. The owner will finance the sale with a down payment and will provide a full training period. This facility is 3,300 square feet and has a seating capacity for 98 customers. There are fifty parking spaces onsite. There is an existing 18 year lease with a monthly rent of $5,098.
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $980,000
Cash Flow: $215,000
Cash Flow Type: EBITDA
Inventory: 150000 Equipment Only
Seller Financing: Yes
About The Business
Year Established: 1968
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The seller will provide a full due diligence period for the new operator.
Reason For Selling: Retirement
