HIGH VOLUME MODERN DELI. deli323

Price: $320,000

Location: Middlesex County, New Jersey

Industry: Delicatessen

Listing ID: deli323

Must be seen to fully appreciate with this two-year young deli fast food restaurant in a wonderful area of Middlesex County, New Jersey. The business has a 2021 gross income of $799,600 and projects a further increase in the 2022 gross yearly sales. The equipment is new and designed for super high-volume production. The owner is semi absentee and will consider financing to a qualified buyer. The deli offers a full menu of products including Gelato & Ice cream with a substantial markup. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The 2021 yearly gross income as represented by the owner is estimated at $799,600 and the business has a yearly net income of approximately $165,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. The 2022 income is expected to be similar or greater to the previous year. A formal due diligence is recommended buy broker.

Listing Details

Revenue: $799,599

Cash Flow: $165,000

FFE: $250,000 (Included in Price)

Inventory: $7,000

Reason For Sale:

The purpose of this business transaction is due to the owner alternative business operation out of the county.

Training & Support:

Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser

Location

Security on Lease: Two Months

Lease Option: Yes, Available

Monthly Rent: 2400

Type of Location: Commercial Avenue

Square Footage: 1250

Relocatable?: Yes

Facilities Information:

This business opportunity is in northern New Jersey, Middlesex County on an active county road. This business facility consists of approximately 1,200 square feet with an ultra-modern, attractive, and professional appearance. The business is in a commercial mall with various other retail companies and conveniently location for its various customers.

Summary

Owner Qualifications:

For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses which are included in this transaction.

 

Competition:

Regarding competition, to the best of our knowledge, 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:

Regarding growth and expansion, the retail company can be further developed by improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

Seller financing is available to qualified buyer.

Ron Cervelli

contactus@regalconsultants.com

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