Italian Deli & Market For Sale
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1982
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Reason for Sale Moving back to Italy; Retiring.
Description Established and profitable Italian style deli and market with strong customer base in Fairview, NJ - right off of Bergenline Ave. for sale. The business also specializes in fruit baskets. The business has been established for over 25 years and is fully equipped with a full commercial kitchen, walk in freezer, deli equipment, etc . Very clean and well maintained. The sale includes valuable long term relationships.
The business currently has net income of $250k+. Gross income is $850k - $1,000,000 +. The deli & market consists of 2,500 square feet + 2,500 basement with different areas designed for storage and office space. This sale transaction includes all existing equipment.
The business is open Monday - Sunday. The owner is retiring after 25 successful years and has a great reputation and established business.
Neighboring Tenants/Businesses include Dunkin Donuts, Dominos, A&P, Wells Fargo, Papa Johns. etc. etc. Business has a traffic count of 35k+ daily.
Asking $375k. Very motivated and Negotiable. Please contact us at 201-766-1097 to view the business or for any other questions.
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