Established Convenient Deli with Good Growth

Passaic County, NJ
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Asking Price:$69,000
Gross Revenue:$145,600
FF&E:$6,000
Cash Flow:$44,512
Inventory:$4,000
Established Year:1960
BUSINESS DESCRIPTION

Old established neighborhood convenience deli, grocery and catering business next to elementary school. Has good growth potential by adding lottery, expanding catering, stock more merchandise, and offer more hands-on management because current owner is distracted by serious family issues.


DETAILED INFORMATION
Location
Passaic County, NJ
Inventory
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1500 sf plus basement, low rent, 2 1/2 years and can get an extension, neighborhood location, street parking, equipment in good condition.
Competition
None near by
Growth & Expansion
Install lottery, stock more merchandise, expand catering, more hands-on operator because current owner is distracted by serious family problems.
Support & Training
2 weeks
Reason for Selling
Retiring and family problems
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Solomon Sasson
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Solomon Sasson