402 Broad Ave, Palisades Park, NJ 07650

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Sold Price
$1,450,000
Status
CLOSED
Days on Market
277
Closing Date
Oct 21, 2026
MLS#
26002004
Subtype
Business Opportunity
Neighborhood
200

Property Description

Established, 50+ year Deli & Liquor Business for Sale – Strong Cash Flow, Management in Place (Building is also for sale as a package. See NJ MLS #26001935 for more info) Banner Deli & Liquors offers a rare opportunity to acquire a high performing, long established neighborhood business with multiple revenue streams and consistent profitability. Operating for decades in a prime, high traffic location, the business benefits from strong brand recognition, loyal customers, and recession resistant demand. The operation includes a full service kitchen and liquor store, along with tobacco sales, lottery and money transfer services that drive steady daily foot traffic. The business is professionally managed with experienced morning and evening managers in place, allowing for semi absentee ownership focused on oversight rather than day to day operations. The business includes a NJ Type 44 liquor license, a scarce and valuable asset in the local market. The facility features a fully equipped commercial kitchen, efficient prep area, dinning area, retail space, dry and cold storage areas and office, a proven operational layout. This turnkey opportunity is well suited for an owner operator, investor, or strategic buyer seeking immediate cash flow and long term stability. Sale is Business only. Real estate available separately. Additional information available to qualified buyers upon request. All information deemed reliable but not guaranteed.

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Listing courtesy of Listing Agent: Christian C. Di Stasio () from Listing Office: Prominent Properties Sotheby's International Realty-Tenafly.

Sold listing courtesy of Listing Agent: Hwi Tak from Listing Office: Prominent Properties Sotheby's International Realty-Englewood Cliffs.

board logoThe data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ridge & Valley RE Corp. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: .
Source: New Jersey Multiple Listing Service, Inc.
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