452 North Ave, Elizabeth City, NJ 07208

$1,150,000

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Property Description

Location, Location, Location! Don't miss this rare opportunity to own Iconic Dara's Caterers and Deli a true turnkey operation and proud recipient of Elizabeth's Best of 2024 award by NJ.com. This beloved business has been family-owned and operated for over 50 years, boasting a loyal, established customer base and an unmatched track record of success in the industry. The sale includes real estate, all equipment, inventory, licenses, recipes, and client list, with the seller offering staff in place and full training to ensure a seamless transition for the new owner. The upside potential is significant: currently limited hours of operation (10AM to 4PM) leave tremendous room to grow by adding breakfast and dinner service, an already-installed pizza oven sits ready to fire up, and third-party delivery platforms offer an immediate path to boost profits further. The building itself is meticulously maintained, with a spacious 2nd floor featuring 3 bedrooms and a generously sized living room, dining room, and kitchen delivered vacant at closing. The basement adds even more value with an outside entrance and ample storage space, while 8 tandem parking spaces make this property as functional as it is charming. This is a rare chance to step into a thriving, award-winning business with 50+ years of goodwill built in. All financial information will be released upon pre-approval, proof of funds, and signing a confidentiality letter of agreement. All appointments are a must.

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Listing Courtesy Of THE REAL ESTATE COMPANY, Contact: 908-686-7800