DELI NETS $200,000 DELI324

Price: $525,000

Location: Hunterdon County, New Jersey

Industry: Delicatessen

Listing ID: deli324

This is a phenomenally successful deli / restaurant with a gross yearly sale of $1,250,284 and a consistent net yearly income of $271,000 to the owner operator. The business income represents 80% pick up and 20% restaurant sales with a moderate cost of goods, representing a substantial mark up to the business. This deli business has a simple philosophy which is to offer fresh ingredients prepared in an authentic manner in a pleasant setting and using only top-quality products. The market & eatery also have a helpful and professional staff of employees. The deli has a successful catering service representing a wonderful menu of popular dishes with a substantial mark up and profit to the deli. Their message is to provide their customers with the best food experience possible, to the best of their ability. This is a dependable solid business opportunity.

Listing Details

Revenue: $1,250,000

Cash Flow: $200,000

FFE: $175,000 (Included in Price)

Real Estate:$1,200

Training & Support:

The owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 3,600

Type of Location: Active commercial Mall

Square Footage: 1950

Relocatable?: Yes

Facilities Information:

This successful retail Deli & Pizzeria facility which consist of 1,950 square feet has an attractive modern appearance. The business is in a mid-size commercial mall with other active businesses and is located on a convenient county road. This opportunity is in Northwestern New Jersey, Hunterdon County, which consists of various affluent communities with continued demand for this industry.

Summary

Owner Qualifications:

This food & service industry does not require any specific government licensing approval to purchase or operate other than the appropriate municipal licenses.

Competition:

No other similar competitors presently exist in the area, and to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Potential Growth:

The business presently has a limited marketing plan, basic web site, and no delivery system, if improved can further develop the business yearly gross sales.

 

Financing/Terms:

To be determined with owner.

Ron Cervelli

contactus@regalconsultants.com

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