Established Neighborhood Deli & Grocery in Union, NJ

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Financial Details

Asking Price:
$69,000
Annual Revenue:
$145,600
Cash Flow / SDE:
$44,512
Profit Metric:
Cash Flow
Valuation Multiple:
1.6x
Location:
Union, NJ, US
Source:
Date:
September 16, 2025

Key Highlights

Established neighborhood deli and grocery with proven sales of $145,600.
Significant growth potential through lottery, expanded catering, and inventory diversification.
Management willing to stay, offering a smooth transition for a new owner.

Description

This is an established neighborhood convenience deli, grocery, and catering business located in Union, NJ, adjacent to an elementary school. The business has demonstrated sales of $145,600 and a cash flow of $44,512. The asking price is $69,000, with FF&E valued at $6,000 and inventory at $4,000 included in the sale. The current owner is motivated to sell due to family issues, and management is willing to stay on to ensure a smooth handover. There is substantial potential for growth by introducing lottery services, expanding the catering operations, stocking a wider variety of merchandise, and implementing more hands-on management. The real estate is not included in the sale.

Industry Information

Industry Description:
Delicatessens
Classification:
Restaurants & Food

Operational Snapshot

Reason for Selling:
Distracted by serious family issues

Real Estate & Lease

Status:
Not_included

Assets & Inventory

FF&E Value:
$6,000 USD
Includes FF&E:
Yes
Inventory Value:
$4,000 USD
Includes Inventory:
Yes

Listing Details

Listing ID:
ef61080d-eeeb-4aac-905b-eeb6438a863e
Deal Status:
For Sale
Date Posted:
March 31, 2023
Last Updated:
September 16, 2025
Currency:
USD

Features & Tags

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