Delicatessen Nets $346,136. DELI336

Price: $599,000

Location: Hunterdon County, New Jersey

Industry: Delicatessen

Listing ID: DELI336

Owner is retiring for this successful deli with a gross yearly sale of $1,346,294 plus discretionary income and a consistent net yearly corporate income of $346,136 for the owner operator. The business income represents 90% pick up and 10% 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: $1,362,294

Cash Flow: $346,135

FFE: $170,000 (Included in Price)

Inventory: $2,000 (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: 3,200

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.

Ron Cervelli

contactus@regalconsultants.com

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