Deli / Lakeside Property
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $605000
Net Profit / Cash Flow $278000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Two weeks.
Reason for Sale Health of partner.
Description North Central New Jersey Deli-Market and Rental with Property for Sale. Asking $1.875MM, 4000 Square Foot Spacious Deli-Market with 4000 square foot Rental (2000 a month), Ample Parking, 100K in Furniture Fixtures and Equipment, 5 Central Air Units, Doing $250,000 net profit a year verifiable, located in beautiful bucolic lakeside suburb 45 minute drive from Mid-town Manhattan, Lake and Boat slips just across street from property, can take a boat ride or refreshing dip before and after work if wanted. Two active parks with constant picnic goers adjacent to property, a summer destination for many so constant visitor traffic to go along with loyal local clientele. Property ''alone'' professionally appraised at almost 1 million dollars in 2005, verifiable. Brand new roof just put up in 2007, verifiable, $10,000 in inventory comes with sale. Work as is and reap the quarter million a year profits and steady real estate appreciation or add Franchise like 7-11, Dunkin Donuts, Baskin Robbins... able to add even pharmacy, the possibilities are endless. Experienced Buyer can run absentee, remote access ready. Owners selling beloved property because of illness of managing partner, for health reasons can no longer manage store so partners decided to liquidate the asset and go separate ways, your good luck, but this will not last, call today to set up an appointment to see this gem. Contact for more information on this Deli business for sale.
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