DELI BUTCHER FOOD & MART. DELI328

Price: $199,899

Location: Hudson County, New Jersey

Industry: Delicatessen

Listing ID: DELI321

Wonderful thirty-year-old deli and butcher with a gross income of $765,723 and a highly popular food business located in an urban area of Hudson County, New Jersey. Owner retiring after many successful years and will finance the sale with a moderate down payment. This deli offers a wonderful menu of hot foods and a full choice of fresh meat and foul. Based on the product the company enjoys a very profitable mark up to the owner. Much of the sales are pickup with a percentage of delivery service is offered. This is a dependable safe business opportunity and based on the price, and yearly net income, this business expects to continue to supply a consistent return on investment to the owner operator.

 

Listing Details

Revenue: $765,723

Cash Flow: $72,000

FFE: $125,000 (Included in Price)

Inventory: $5,000 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement after many years of success in this particular industry.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: $3,000

Type of Location: Commercial Avenue

Square Footage: 2,000

Relocatable?: Yes

Facilities Information:

This business opportunity is in northern New Jersey, Hudson County on a highly active commercial avenue. This business facility consists of approximately 2,000 square feet with an attractive appearance, full basement for storage and a commercial kitchen. The business is in a free-standing retail facility conveniently location for its various customers.

Summary

Owner Qualifications:

For Qualifications purposes; this business industry does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

Regarding growth and expansion, the retail company can be further developed by increasing days of operation, improving the local advertising and additional catering. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

 

Ron Cervelli

contactus@regalconsultants.com

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