Deli/grocery Netting Over 112k

Essex County, NJ
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Asking Price:$225,000
Gross Revenue:$260,000
Cash Flow:$112,577
Established Year:2001
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Included in asking price
Employees
2
Facilities
Deli/Grocery Store with Lotto, ATM, Bitcoin Machine and Cigarettes Hours Operated: Monday-Friday 7 AM- 7PM, Saturday 8 AM- 4PM, Sunday 9 AM- 3PM
Competition
The market in the Essex County area presents a unique opportunity for growth with minimal direct competition. This limited competition allows for: Higher Market Share: With fewer direct competitors, the Deli can dominate the local dining scene if managed effectively. Brand Recognition: Increased potential for building a strong, recognizable brand as a go-to food destination in town which is presently missing.. Customer Loyalty: Opportunities to cultivate a loyal customer base. Menu Innovation: Freedom to innovate and diversify the menu to attract more cu
Growth & Expansion
Growth Opportunities: Untapped potential in several areas, allowing for significant growth. Marketing Services: Internet, social media, google, and print marketing can streamline operations, enhance customer experience. In House Delivery Service: Adding in house delivery services can increase revenue by catering to customers who prefer dining at home, expanding the customer base beyond in-house diners. Menu Expansion: Diversifying and expanding the menu can attract a wider audience. Space Expansion: Potential for future expansion of the restaurant.
Support & Training
Owner will provide a smooth transition along with recipes on the menu.
Reason for Selling
Owner has other investments closer to his home which is a considerable distance
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Farkhan Shah
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Farkhan Shah