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Business for Sale Summary

Growing Deli and Liquor Store in Bergen County - 33326

Business Type: bagel stores,delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,seller financing available,liquor store/ wine
Owner Financing
Growing Deli and Liquor Store in Bergen County
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Financial Information (non-confidential)

General Information
Asking Price $599,000 Down Payment $400,000
Gross Revenues $991,200 Lease Remaining Register Free to View
Owner’s Cash Flow $193,200 Number of FT Employees Register Free to View

Financing

$400,000 Down and $199K over 4 yrs. @ 6%.

Business Description

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 at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.