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    Westfield Avenue

    PENNSAUKEN, NJ 08110
    • $375,000
    • STATUS: Active
    • ON SITE: 363 days
    • ID#: NJCD392196
    UPDATED: 17 min ago
    $375,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Unique opportunity to acquire an acclaimed and successful Deli/Catering business that has been operational for over 60 years. The price of $375,000 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 is available to qualified buyers with a strong offer.+- 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.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T17:52:56.09.
    www.newhometeammd.com/homes/105790625
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    Westfield Avenue PENNSAUKEN, NJ 08110

    • Price: $375,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: NJCD392196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    Pennsauken Twp (20427)
    County:
    Camden
    Area:
    Pennsauken Twp (20427)
    School District:
    Pennsauken Township Public Schools
    Property Description
    Unique opportunity to acquire an acclaimed and successful Deli/Catering business that has been operational for over 60 years. The price of $375,000 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 is available to qualified buyers with a strong offer.+- 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.
    Exterior Features

    Construction Materials Block Garage YN No Location Type Business District Lot Features Landscaping Parking Features Paved ParkingPublic Parking Types Parking LotOn Street Property Condition Very Good Riparian Rights YN No Road Responsibility Boro/Township Road Surface Type None Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2500.00 Cooling Central A/C Exclusions List Of EquipmentFixtures And Furniture Excluded Are Listed in The Executive Summary And Available From The Listing Agent. Flooring Vinyl Heating Forced Air Heating YN Yes Inclusions List Of EquipmentFixtures And Furniture included Are Listed in The Executive Summary And Available From The Listing Agent. Net Square Feet 2500.00 Security Features Carbon Monoxide Detector(S)Security System

    Property Features

    Acceptable Financing ConventionalSeller Financing Accessibility Features NoneGrab Bars Mod Annual Gross Expense 72466.68 Assessment Year 2021 Association YN No Business Type Restaurant/BarOther Central Air YN Yes Cooling Fuel Natural Gas Elevators 0 Entry Level 1 Foundation Details Slab Gross Income 420000.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Incorporated City Name Pennsauken Twp Lease Considered YN No Navigable Water YN N Net Operating Income 117865.00 New Construction YN No Number Of Units Total 2 Operating Expense Includes AdvertisingCable TvElectricHeating/CoolingInsuranceRepair/MaintenanceSewerTrashWaterOther Original MLSNumber 304106057612 Other Expense 223314.67 Owner Pays Accounting/LegalAdvertising/Licenses And PermitsAir ConditioningAll UtilitiesCable TvElectricityGasHeatInsurancePayrollRepairsServices (All)SewerSuppliesTaxes - Real EstateTrash CollectionWaterOther Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 7570.85 Tax Assessment Amount 202700.00 Tax Lot 00013 & 00014 Utilities Cable TvMultiple Phone Lines Vacation Rental YN No Water Source Public Year Built Effective 2010 Zoning 7C

    Listing courtesy of Century 21 Thomas Realty Inc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-11T17:52:56.09.
     
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