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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Well Known Luncheonette Deli

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $525000
Net Profit / Cash Flow  $90000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1975
Number of Employees  4 - 5
Inventory  150000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  The seller will supply a full training period and remain post closing for 30 days.
Reason for Sale  The seller will provide a full transitional period and remain 30 days post closing.
Description  Long established Luncheonette & Deli business located on an active county road of northern NJ, Sussex County. The facility is clean modern and attractive with a professional commercial kitchen and indoor & outdoor seating for its customers. The operation is well known offering Breakfast/ Lunch and catering to its loyal customer base and daily travelers with limited hours from 5:00 am to 6:30 pm. The business also offers Lotto, catering, including pick up and takes out service. The sale includes a commercial kitchen, POS system, refrigeration / freezers, lotto approval and all required equipment to operate the business. The building square footage is of 2,000 on the main floor with an indoor capacity for 40 customers and an outdoor seating for an additional 20. The business location has substantial private parking at the facility and part of the commercial lease agreement. The present owners have developed an excellent reputation for many years and have now chosen to retire to Florida. This seven day operation has yearly gross sales of $525,000 which can be further improved with a marketing system. The owner will also provide substantial training to the new operator. This is an excellent opportunity and should be seen to fully appreciate! Based on the asking price, required down payment and net income this business should supply a 15% return to the owner operator prior to debt service.
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