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Popular Deli & Meats Nearly 1mm In Sales For Sale

Passaic County, New Jersey, US
Asking Price:
$225,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$940,000
Cash Flow:
$134,363

Long-established and popular deli and meats in Northern NJ. Large repeat customer base including some commercial accounts. The owners wish to retire.

The business is included in the asking price and the real estate is available for sale or lease.

Real estate includes:
- 1,800 sq ft of retail and butcher space.
- 900 sq ft apartment currently renting $1,600 per month with an existing tenant.

Property Information

Real Estate:

Lease

Premises Details:

The building is equipped with three-phase electric with approximately $100,000 of equipment and fixtures, all less than 5 years old. 

Business Operation

Expansion Potential:

A new owner should increase hours and remain open 7 days/week. There are opportunities to boost revenue through delivery aggregator services like DoorDash and UberEATS. Significant residential redevelopment in the area is likely to increase foot traffic and commuter traffic to the business.

Competition / Market:

This is one of the last remaining high-quality fresh meat butchers in the area, which has helped to boost revenues as the pandemic subsides.

Reasons for selling:

Retirement.

Trading hours:

Mon-Tues/Thurs-Sat 8am-4pm; Sun 8am-1:30pm

Employees:
2 FT/3 PT
Years established:
27

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Food license from municipality, sewage permit from local commission, fire and fire safety permits.

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$25,000 - included in the asking price
Relocatable:
This business can be relocated.