Corner Deli/Grocery Doing $440k! Rent Only $1650! 10 Year Lease!
| Asking Price: | $175,000 |
| Gross Revenue: | $440,000 |
| Rent: | $1,654 |
| Established Year: | 2011 |
| Cash Flow: | $100,000 |
| Inventory: | $15,000 |
| FF&E: | $50,000 |
Buy a Great Deli For Under 2x Cashflow and Very Cheap Rent!
This corner deli/grocery has been in the same location for 15 years in a fast-growing neighborhood in Monmouth County just 2 blocks away from the beach! Open 7am-8pm every day. 1 FT employee is there from open until close and 1 PT employee works on weekends. Huge upside by extending hours, adding lottery (which owner doesn't do for religious reasons) and accepting EBT. 15k of inventory included in the price. Fully equipped kitchen including pizza oven, pizza preparer, dough machine, ice machine, cooler, 2 deli cases, freezers, etc.) Rent only $1650 with a 10 year lease!
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