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
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