Property Description

Unique opportunity to acquire an acclaimed and successful Deli/Catering business that has been operational for over 60 years. The price of $369,000 includes the Business itself, TWO store fronts: the Deli store front (1250 sf) and the Catering Hall (1250 sf) which allow both on and off premise catering, Goodwill & Name Recognition, Furniture, Fixtures and Equipment, and Low-mileage catering van. (inventory not included). Included with the sale are the long-held recipes of homemade Italian cuisine and the well-respected name of the Business.  This well known, popular Delicatessen has been busier than ever – even now – since it has always been a pick-up/take-out establishment.  In fact, Deli sales have increased steadily since July 2020, exceeding the previous year’s total sales (Deli & Catering) just about every month.  Total sales for Jan 2021 were 46% higher than Jan 2020, and catering sales are now returning to more normal levels, even with no marketing.  2021 total revenue for the Deli and catering  is expected to exceed that of any of the past 4 years.  The parking lot is Township owned, maintained and plowed; a significant savings to the business.  Each unit has separate utilities.  Seller Financing will be considered  An Executive Summary with past, current, and projected Proformas and other detailed information is available.  Financial information and showings are available to serious, qualified buyers only.  The current owners are ready to retire and offer this unique opportunity to a savvy entrepreneur.  A 30-dayTraining/Transition period is available.

Features
: Forced air
: Central a/c
: Flat
: Paved parking, Public
N
: Block
: Vinyl
: Slab
: None, Grab Bars Mod
N
: Natural Gas
: Natural gas
: Natural gas
: Dryer Negotiable, Tennant Belongings
: All Fixtures And Appliances, All Appliances In As Is Condition.
: Landscaping
N
: Security system, Carbon Monoxide Detector(s)
: Cable Tv, Multiple Phone Lines
Address Map
1
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MLS Addon
Annually
Annually
PENNSAUKEN TOWNSHIP PUBLIC SCHOOLS
2,500 Sqft
: Very Good
2
$7,570
2021
7C
: Public Sewer
: Public
N
$0

Commercial Sale For Sale

WESTFIELD AVENUE, PENNSAUKEN, New Jersey 08110

0.12 Acre
$369,000
Listing ID #NJCD419642
Basic Details
Property Type : Commercial Sale
Status : ACTIVE
Listing ID : NJCD419642
Price : $369,000
Lot Area : 0.12 Acre
Price Per SQFT : $148
Lot SQFT : 5,180 Sqft
Ownership Interest : Fee Simple
Contact Agent