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Absentee Owner Deli In Middlesex County For Sale

Perth Amboy, New Jersey, US
Asking Price:
$230,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$428,849
Cash Flow:
$105,000

This absentee-owned deli is on a busy main street with over 22 years of loyal customers, surrounded by a hospital and large housing developments. It is open 6 days a week (Monday to Saturday, 6am to 2pm and Sundays Closed) The restaurant offers eat-in, take-out, and delivery service.

This is a great business opportunity that can be improve in many ways such as extended hours, opening on Sundays, expand sales by incorporating lottery and/or cigarets, among others. Landlord is willing to sign a 5 or 10 years lease

Owner is willing to stay in for one week training

Property Information

Real Estate:

Lease

Lease Terms:

available 5 or 10 years lease

Leasehold Rent:

$36,000 per annum

Business Operation

Reasons for selling:

Moving out state

Trading hours:

Mon-Sat 6am to 2pm Sun Closed

Employees:
5
Years established:
22

Other Information

Support & training:

One week Training

Financing available:

No

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price