This exceptional business opportunity presents a chance to acquire a well-established and highly profitable deli and catering business situated in the vibrant downtown area of Oradell, New Jersey, within Bergen County. Boasting a stellar reputation cultivated over many years, this enterprise has consistently generated significant revenue, with a reported gross income of $1,200,000 in 2023. This figure represents a strong five-year track record of success, demonstrating the business's resilience and market dominance. The deli serves a large and loyal customer base drawn from the surrounding communities, ensuring a steady stream of clientele. The current owner is retiring, creating a unique opportunity for a driven entrepreneur to step into a turnkey operation with an already established customer base and proven profitability. This is an ideal acquisition for someone seeking a high-volume, established business with immediate earning potential. The sale includes the established business, its operational infrastructure, and its strong brand recognition within the community. This is a rare chance to own a successful, high-income-generating business in a prime location, ready for immediate ownership and continued growth under new leadership. Financial details are available upon request and verification of the provided income figures is recommended.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$516,964
6.5%
$477,198
7%
$443,112
Comparable approach
Method
Valuation
Relative Method
$360,491
Geo Method
$360,491
Alternative Use
Use
Valuation
Industrial / Distribution
$939,493
Retail / Commercial
$481,767
Mixed-Use / Specialty
$480,050
Hospitality / Lodging
$352,197
Office
$477,198
Institutional / Educational
$499,058
Residential Income
$583,898
Multifamily
$700,296
Automotive / Energy
$427,764
Parking / Income-Based Land
$147,616
Restaurant / Food Service
$249,678
Healthcare / Senior Housing
$492,282
Location Insight
City
Westwood
County
Bergen
State
New Jersey
Latitude
40.9899
Longitude
-74.0277
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Kinderkamack Rd Westwood, NJ 07675
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Kinderkamack Rd Westwood, NJ 07675
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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