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    Avenel St Avenel, NJ 07001

    Sponsored
    For Sale
    Contact for pricing

    Established Deli, High-Traffic Area, Excellent Lease

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This thriving Avenel, NJ deli and restaurant presents a fantastic turnkey business opportunity. Family-owned and operated for over 25 years, this well-established eatery boasts a loyal customer base within the Woodbridge Township community. The business offers both dine-in and takeout options, ensuring consistent revenue streams. All equipment is included in the sale, making this a seamless transition for a new owner. The current lease is transferable, providing immediate operational continuity. The spacious interior comfortably seats 48 patrons. The commercial kitchen is fully equipped with a 16-foot hood and exhaust system, a 5-foot grill, and a 5-foot fryer/stove/oven combination. The business generated $150,000 in revenue. This is a rare chance to acquire a profitable, established business with a strong track record in a desirable location. The 0.12-acre lot provides ample space for outdoor seating or potential expansion. The asking price for the business and the transferable lease is $3,000. This represents a significant opportunity for an experienced restaurateur or a first-time business owner seeking a proven model. Serious inquiries only.

    Property Features for Avenel St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.27
    Latitude
    40.57579

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    FAQs

    What type of property is this?
    Commercial real estate - Established Deli, High-Traffic Area, Excellent Lease
    Where is this commercial real estate located?
    The property is located at Avenel St Avenel, NJ.
    What is the asking price?
    The asking price for this property is $3,000.
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    Avenel St Avenel, NJ 07001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Avenel St Avenel, NJ 07001
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