Super Deli Lunch & C-Store With Lotto For Sale

Business description

A Deli / Luncheonette & C-Store with Lotto located in a busy mall center and prime community of Morris County, New Jersey. This business is long established and boasts high volume daily customer traffic with an indoor seating capacity for 95 customers. The kitchen is fully equipped and the site is located on a highly traveled road. The opportunity includes a long term lease with reasonable terms. The business produces annual sales of $835,000 with a substantial net profit for the owner. The present owner wishes to retire and will provide seller financing to a qualified purchaser. A super Deli / C-Store opportunity!

Property information

Real Estate:

Lease

Lease terms:

An existing 30 year lease is available for transfer with a total monthly rent of $5,000 including cam charges.

Leasehold rent:

$43,200 per annum

Location:

This facility is 3,300 square feet and has a seating capacity for 95 customers. There are also 50 parking spaces available onsite.

Size in square feet:

3,300

Other information

Expansion potential:

The business is in a great location and highly traveled road. There is plenty of room for expansion with a new marketing program and by addiing catering with deliveries.

Competition / Market:

There is no similar competition in the immediate area.

Support & training:

The seller will provide a complete due diligence review period.

Reasons for selling:

Retirement

Trading hours:

Tuesday thru Saturday
6:00 am to 4:00 for food. 8:00 pm for C Store.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing is available

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$12,000