Succesful Deli & Cafe

Somerset County, NJ

Seller Financing Available

Deli Cafe
Asking Price:$245,000
Gross Revenue:$350,000
Rent:$2,159/Month
Established Year:1990
Cash Flow:$90,500
Inventory:$1,500
FF&E:$345,000
BUSINESS DESCRIPTION

Deli Lotto at the Municipal building for this highly popular Fast-food Deli & luncheonette business with a 2023 gross yearly income of $350,000 which includes discretionary income and a net yearly income of $90,400. Priced to sell for this highly profitable forty-year retail food business with owner financing in a wonderful area of Somerset County New Jersey. This combination deli, mart and Lotto is located in Northern New Jersey on an active county road. The business sales represent breakfast lunch, 75% sandwich and salad products which represent a substantial markup to the bottom-line yearly income. This is a dependable business opportunity which can be substantially improved with additional products.. The 2023 yearly gross income as represented by the owner was approximately $350,000 which includes seller discretionary income, and the business has a yearly net income of approximately $90,400 plus any discretionary income prior to any debt service. The 2024 gross income is projected to be greater than the previous year. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.


DETAILED INFORMATION
Location
Somerset County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,550
Lease Expiration
01/11/2026
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This long-standing successful retail business which offers deli, mart, lotto, and mart products is located on a busy avenue with lots of drive by vehicles. The business facility consists of approximately 1,550 square feet on a commercial avenue. The business is in a free-standing commercial facility located in Northern New Jersey, on an active county road and consists of various highly populated urban communities with continued demand for these food products. The facility has a dry allowing substantial storage.
Competition
To the best of our knowledge no other new competitors are expected near to this business, and the owner has agreed to supply a non-compete agreement to the purchaser.
Growth & Expansion
The business presently has a limited marketing plan, no website, limited hours, and requires product improvement which can substantially improve the business’ gross sales.
Financing
Owner financing is available to a qualified a buyer.
Support & Training
The owner will remain post-closing for 30 days and supply an appropriate training period to the purchaser.
Reason for Selling
The owner is retiring after many years in the food industry and will supply a no
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Ron
Cervelli
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Ron Cervelli