Corner Deli/Grocery Doing $440k! Rent Only $1650! 10 Year Lease!

Listing Number: 189597-162789

Description

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!

Listing Details

• Price: $175,000
• Down Payment: $175,000
• Sellers Discretionary Earnings: $100,000
• Total Sales: $440,000
• Location: Monmouth County, New Jersey


• Inventory: $15,000
• FF&E: $50,000
• Employees: 2
• Year Established: 2011
• Reason for Selling: Retirement
• Category: Convenience Stores