Gross Revenue: $1,000,000
Real Estate: $700,000*
* not included in asking price.
Profitable Deli with Strong Catering Business
For more than 37 years, this very profitable Italian deli and meat business has been the area’s ‘go to’ destination for awesome sandwiches, quality meats, and top notch catering. They have built an outstanding reputation and a loyal customer base. The business occupies a 2100 sq. ft. free-standing building with full basement and ample parking. The business is located on a busy main road in a good area of western Suffolk, surrounded by large residential neighborhoods.
The catering portion of this business is an outstanding profit center: they do a HUGE barbeque business in the summer, over 100 turkey dinners for Thanksgiving, and their winter holiday business can’t be beat! The current store hours are M-F 8-7, Sa 8-6 & Su 8-5. Their lunch business is very strong, and they haven’t even gone after the breakfast business that they could easily handle. The store easily has enough room to expand into bagels as well as the standard deli breakfasts. They also carry a variety of convenience items with room to add more. Their fully equipped kitchen can easily handle whatever you might need. Equipment includes 2 walk-ins, 1 walk-in freezer, a 10-burner stove, 2 fryers, 3 convection ovens, a band saw, burger machine, Hobart chopping machine, 2 large refrigerated display cases, 4 barbeques, and more! In addition to the regular deli offerings, they also carry a good selection of high-quality meats. Significant health issues are forcing the owner to sell. Despite the fact that the owner was out of the business for an extended period of time, the business still did over $1,000,000 in sales and netted more than $100,000 after all expenses. All numbers are provable! The business is priced to sell quickly at $175,000. The building is also available; the price for business with building is $799,000. Any experienced operator will recognize this as a truly great opportunity.
Inventory: Not included in asking price
Real Estate: Owned
Not included in asking price
Building Sq. Ft.: 2,100
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Excellent condition. open sales floor, fully equiped 2 walk ins , 1 walk in freezer, 10 burner stove, 2 friers, 3 convection ovens, ban saw, burger machine, Hobar chopping machine, two large refrigerated display cases. basement
Growth & Expansion: Catering can easily be expanded by adding website increase advertising
Support & Training: TBD
Reason for Selling: Health - Owner is in his 70's
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