Deli Cafe For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $400000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1960
Number of Employees 1 - 3
Inventory 125000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain post closing for thirty days and supply a transitional period.
Reason for Sale The owner is retiring after many years of success in this food industry.
Description Solid opportunity to own this fifty year old Deli and County Store located in a wonderful area of Morris County New Jersey with a gross income of $400,000 yearly and a net income of $100,000. The business is well known in the general area for its excellent foods, good service and special food catering. The facility is 1,600 square feet with an attractive clean image and a seating capacity for thirty six customers plus outdoor seating in the warmer weather. The business is active seven days weekly with convenient hours from 6:00 am to 7:00 pm. The business has a long term lease with a modest rent of $2,900 monthly. This is a safe business opportunity that can be further improved, with owner financing and must to see to fully appreciate. The sale includes, a fully equipped commercial kitchen, POS system, refrigeration and freezer units, including various equipment required for this particular industry. ate. Based on the asking price, required down payment and net income this business will supply a 35% return to the owner operator prior to debt service.
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