Make a huge fortune on someone’s misfortune.

Monmouth County, NJ

Make a huge fortune on someone’s misfortune.

Asking Price:$299,000

Cash Flow:$77,836

Gross Revenue:$840,000

EBITDA:N/A

FF&E:$725,000

Inventory:$10,000*

Established:8

*not included in asking price.

Make a huge fortune on someone’s misfortune.

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Business Description

SEEING INSIDE IS BELIEVING. This continental custom catering deli/ bakery all encompassed facility is capable of doing over 3 million in sales each year. Two years of road construction at major intersection stopped growth, now completed owner is giving away his lifelong dream. Seller put $650K of his own funds to build out this outstanding facility. Buyer really has to see the most opulent deli/catering spot on the jersey side. Bakes own bread and pastry. On some days when there was no hindrance to entering facility due to construction there is a lunch time back up even with4 slicers running full time. Construction is now almost complete and place is ready to attain its monetary goal of doing over 2 million in volume in the past there were days when facility could not deliver major catering orders. A new copper embellished ceiling was added (value over $35,000). Two million in sales with the demand this facility has will be here tomorrow. Location also has 2nd floor empty apartment that can rent for $1500 monthly.

Detailed Information

Inventory:
Not included in asking price
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
You cannot find a market set as this one. The most aesthetic you can find. Recently done over at a cost of $650K, 16 car parking. 13 year lease plus option.
Competition:
This is it no competition- now that roadway is reopened competition will have to move aside.
Growth & Expansion:
Getting into wholesale end of baking bread/ bakery. Catering/ salad production this place will bust any competition.
Financing:
Owner wants all cash
Support & Training:
Two weeks
Reason for Selling:
Owner just wants out/ calls this Taj Mahal of deli/catering a lot venture.

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Vito Mastromonaco

Business Listed By:
Vito Mastromonaco

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