Price: $550,000
Location: Hunterdon County, New Jersey
Industry: Delicatessen
Listing ID: DELI333
Owner is retiring for this successful deli with a gross yearly sale of $1,417,858.31 and a consistent net yearly income of $282,160 for the owner operator. The business income represents 95% pick up and 5% 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: $1,417,857
Cash Flow: $282,100
FFE: $170,000 (Included in Price)
Inventory: $1,499 (Included in Price)
Reason For Sale:
The sale is due to the owner’s retirement.
Training & Support:
The owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Operation
Year Established: 2010
Days & Hours of Operation: This successful business operation is active seven days per week, with hours from 11:00 am to 9:00 pm
Owner Hours Per Week: Full Time
Employees: This restaurant has twelve full & part-time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $18,400
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 2950
Type of Location: Active Commercial Businesses
Square Footage: 1950
Relocatable?: Yes
Facilities Information:
This successful retail Deli & Pizzeria facility, which consists 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.