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DELI FOOD & MART

RetailFor Sale in Bayonne, NJ

Listing ID: DELI328 | Broker Listing ID: BLP784039

Financial & Assets Details

$765,723
$75,000
$125,000
$2,500
Yes
2000+/-

About the Business

1985
$3,000
Yes

Business Description

Wonderful thirty-year-old deli and butcher with a gross income of $765,723 and a highly popular food business located in an urban area of Hudson County, New Jersey. Owner retiring after many successful years and will finance the sale with a moderate down payment. This deli offers a wonderful menu of hot foods and a full choice of fresh meat and foul. Based on the product the company enjoys a very profitable mark up to the owner. Much of the sales are pickup with a percentage of delivery service is offered. This is a dependable safe business opportunity and based on the price, and yearly net income, this business expects to continue to supply a consistent return on investment to the owner operator.

Growth & Expansion

Regarding growth and expansion, the retail company can be further developed by increasing days of operation, improving the local advertising and additional catering. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Seller Financing

Owner financing available.

Market Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Location Details:

This business opportunity is in northern New Jersey, Hudson County on a highly active commercial avenue. This business facility consists of approximately 2,000 square feet with an attractive appearance, full basement for storage and a commercial kitchen. The business is in a free-standing retail facility conveniently location for its various customers.

Support & Training

Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Reason for Selling:

Owner retiring after many successful years.

Listing ID: DELI328

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