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.


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