Busy Shoreline Deli 100% return on investment

New London County, CT

Busy Shoreline Deli 100% return on investment

Asking Price:$125,000

Cash Flow:$106,867

Gross Revenue:$500,084

EBITDA:N/A

FF&E:$125,000

Inventory:$4,000*

Lease Rate/Sq. Ft.:N/A

Established:1994

*not included in asking price.

Busy Shoreline Deli 100% return on investment

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Business Description

This is an excellent Deli in an affluent shoreline Town running well for 22 years. Owner is Retiring. Sales are steady at $500,000 per year, and can be increased easily with an owner operator and increased advertising and social media exposure. The Meats and sandwich's quality is well beyond anything available in the local area.The net cash flow is around $100,000K and can be easily increased with a new experienced owner operator.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,512
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1512 sq ft Deli with 4 out door seats.Parking Adequate. Very well equipped facility. Exellent 5 year lease with options. Rent 1750/month
Competition:
None
Growth & Expansion:
There are no other Deli's in this town, virtually no competition,especially for the high quality meats and sandwich's.
Financing:
possible
Support & Training:
Seller will remain for 30 days for training and consulting. 15 days on premises and 15 days via cell phone., all at Sellers expense.
Reason for Selling:
Owner Retiring

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John A. Russo Jr.

Business Listed By:
John A. Russo Jr.

Just Restaurants

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