Italian Deli 60 Years in Business with great lease

Essex County, NJ
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Sale Pending
Asking Price:$195,000
Gross Revenue:$805,108
Established Year:1965
Cash Flow:$164,738
Rent:$2,665/Month
BUSINESS DESCRIPTION

Motivated seller moving to Europe

This is a well established profitable deli with a small footprint and favorable lease. Wonderful old feel neighbor deli and meat market with high net worth customers. Sells deli sandwiches, hot dishes, prime meats and sausage . Has a few commercial accounts. Sellers reluctantly need to relocate to Spain for family reasons


DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/08/2033
Employees
3
Facilities
Located on a commercial strip in the middle of town. Small take out store with walk in box
Growth & Expansion
Social Media is the primary advertising and is working well. A local mailer would be a good investment
Support & Training
2 weeks
Reason for Selling
Relocating to Europe for family reasons
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Marc
Lazarus
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Marc Lazarus