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Listed by:

Executive Business Brokers

Best Sub Shop In Union County For Sale

Union County, New Jersey, US
Asking Price:
$299,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$319,875
Cash Flow:
$32,059

Very profitable "landmark" Deli in a high-traffic, safe area. It's been a deli in the same location for 46 years. There's only one competitor in the real immediate area. Though, the sub quality is much less. Great reviews on Yelp & Facebook. Plenty of free parking out back & on a side street as well. Owner's retiring prompting the sale. "All" Furniture, Fixtures & Equipment valued @ +/- $45,000 & Salable Inventory of $5,000 minimum are included in sale. Financials are more reflective of the 2017 tax return figures. A deal will be contingent upon a buyer getting a satisfactory lease thru landlord. Contact Seth.

Property Information

Real Estate:

Lease

Premises Details:

900 square feet. All Furniture, Fixtures & Equipment are in good condition & are included in sale. Present owner has a month to month lease. A new tenant can try to negotiate a brand new satisfactory lease with the landlord.

Business Operation

Expansion Potential:

A new owner should strongly consider opening up until 2pm or 3pm on Sunday’s. It’d be a plus to deliver to a local merchants & area residents as well. Some advertising would help - offering discounts.

Competition / Market:

There are three chain subs in the same town & several others. They’re all at least (1) mile away. This sub shop has existed for 46 years due to its high quality, & isn’t a chain sub shop

Reasons for selling:

Single owner plans to retire once business is sold

Trading hours:

Monday - Saturday 10am-5pm

Employees:
4PT
Years established:
46

Other Information

Support & training:

Owner will provide (2) full weeks of training to a new business owner.

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

Seller will finance at least 40% of a deal over at least (36) months for a qualified buyer

Furniture / Fixtures value:
$45,000 - included in the asking price
Inventory / Stock value:
$45,000 - included in the asking price

Contact Executive Business Brokers

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