Deli & Produce $250K in Cash Flow

Union County, NJ
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Sale Pending
Asking Price:$699,000
Gross Revenue:$2,425,606
FF&E:$98,945
Cash Flow:$309,430
Inventory:$7,170
Established Year:1977
BUSINESS DESCRIPTION

Starting as a roadside fruit and vegetable stand in the 1970's this multi-million dollar business has grown to become a community favorite with a very large dedicated following!

The business is known for delivering the area’s highest quality fruits and vegetables.

Over the years they also became known for carrying an impressive variety of gourmet items to enhance everyone cooking and meal preparation plus entertaining! Catering (off premise trays and platters) available for any size group of event.

Additional revenue generated for the seasonal sale of plants, small trees and exotic flowers.


DETAILED INFORMATION
Location
Union County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing building on busy road with 25 parking spaces (this is a big plus) serving upscale communities. Below market rent with long term lease available.
Competition
There are other competitors in the area but nothing like this business.
Growth & Expansion
ADVERTISE... Additional marketing. Open on Sundays. Offer delivery - grub hub, Uber eats, door dash.
Financing
Lender pre-screened with $86K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Retirement.
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Russell
Miller
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Russell Miller