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Growing Deli And Liquor Store In Bergen County For Sale

Bergen County, New Jersey, US
Asking Price:
$599,000
Sales Revenue:
$991,200
Cash Flow:
$193,200

Growing Deli and Liquor Store. A very unique business. They offer a full liquor store (1,100 sf.) adjacent to a full deli (1,100 sf.) There is an upstairs storage area and a 2,200 sf. basement. Both businesses have been growing steadily since they opened. The combined gross revenues are approx. $991,200.00 (Liquor - $780K, Deli (projected) - $192K, Kitchen rental income $19,200), with a projected owner's cash flow of approx. $193,200.00 for this year. The landlord will offer a 10 year lease (5 5) for a qualified buyer with good credit. Total rent is $4,800/mth. That is offset by $1,600/mth in rental income from a commercial baker that uses the kitchen. That contract is locked in for the next 3 years. This space deserves a visit. We are seeking a serious and financially qualified buyer with at least $490K in liquid funds to cover the down payment and inventory. To learn more, please call or email Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33326 for instant access to this business information.

Business Operation

Reasons for selling:

Divesting

Employees:
3FT/3PT
Years established:
2018

Other Information

Support & training:

Seller will train

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

400,000.00 Down & $199K over 4 yrs. @ 6%.

Furniture / Fixtures value:
$300,000
Inventory / Stock value:
$90,000

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