Deli/grocery Netting Over 112k
Asking Price: | $225,000 |
Gross Revenue: | $260,000 |
Cash Flow: | $112,577 |
Established Year: | 2001 |
Seize this rare opportunity of a lifetime to achieve the American Dream by investing into this high grossing Deli/Grocery store that yields more than a 6 figure net operating income located in the vibrant heart of a very densely populated and desirable area of Essex Country, New Jersey.
Wake up and stop dreaming! Make your dreams into reality just as this quintessential American immigrant business owner has done when he started from his humble beginnings and achieved the American Dream through sacrifice, hard work, and a calculated risk.
If you have been looking for a sign to live out your dream to become an aspiring entrepreneur or if you are already a seasoned and experienced business owner looking for passive income in order to own and operate a turn key profitable business, then look no further!
The new business owner can benefit from this excellent location near a popular and sought after University, hospitals, and other major corporations with affluent customers who have a high net worth that can yield into more profits with the right marketing and vision.
This 1960 sqft. Deli and grocery store (including basement) which opened in the year 1990 has enjoyed consistent net profits after expenses and the most recent Tax year, this deli has received a net operating income of upwards of $112,000 per year which can be proven on Tax returns and qualifies for a SBA Loan.
A savvy entrepreneur will be able to discover the immense opportunity that awaits a new owner/operator who is willing to invest in a marketing campaign including but not limited to social media, google, and Deli marketing to the local community to drive sales to new heights. At the person time, the present owner does NOT invest in any marketing.
Don’t miss out on this exceptional opportunity to own a profitable and well-regarded establishment in a prime location.
The very low rent of $2350 a month lease is very favorable, and the owner is willing to ensure a smooth transition by giving up to 2 weeks training or more if required.
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