Description

Highly profitable forty-year-old food market & liquor products which has a gross yearly income of $1,045,000 and a net yearly income of $181,000. This combination deli, mart and liquor store with Lotto is located in Northern New Jersey in Bergen County on an active county road. The business food offerings consist of all the favorite products including deli products which represent a substantial markup to the net yearly income. This is a dependable business opportunity and based on the asking price, required down payment and yearly income, this business expect to supply a solid investment return to the owner operator prior to debt service. This is a forty-year full service combination mart, Deli & Liquor Store. This industry requires government approval for purchaser due to the liquor license and Lotto approval. This long standing highly successful retail business which offers deli, food mart and liquor products is located on a busy avenue with lots of drive by vehicles. The business facility is consisting of 2,000 square feet with a clean attractive image. The business is in a free standing commercial store located in Northern New Jersey, Bergen County, on an active county road and consists of various highly populated communities with continued demand for this food service. This deli mart business has five employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $13,500. This business opportunity has an assignable commercial lease which expires 2024-01-01 plus additional options, with a monthly rent of $4,500, rent per square foot $27.00 and rent security $4,500. This commercial facility which consists of 2,000 square feet, 1,500 basements for storage and a capacity for approximately forty-five customers.

Posted Sep 26, 2016

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