Turn Key Deli/Restaurant Established in 1981

Pleasantville, NJ (Atlantic County)

Turn Key Deli/Restaurant Established in 1981

Asking Price:$235,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1981

Turn Key Deli/Restaurant Established in 1981

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Business Description

Turn Key Deli/Restaurant established in 1981. 60 seat restaurant with delivery and catering business included in sale. Lottery is now available. Equipment included list is attached. Business located in end cap of highly visible Black Horse Pike with high foot and vehicular traffic in Pleasantville Mall.

Attached Documents


Detailed Information

Employees:
4 to 6
Facilities:
Turn key Deli/Restaurant established in 1981. 1714 sf with a 60 seat dining area. Delivery and catering business included in sale. UVT powerline conditioner installed one year ago. Fully equipped kitchen with furniture, equipment and fixtures included listed and attached to this listing. New front door replaced april 2016, new chairs for dining area, april 2016, Five year lease in place with five year renewal options. Lottery is now in place as of 2015. Parking is abundant as part of strip mall. Business is located on the end cap of a high visibility Pleasantvill Mall located on Black Horse Pike, ten minutes from Atlantic City in the AC metro area.
Competition:
Deli /Restaurant, catering and delivery service are patronized by a local market established in 1981 and maintained by reputation and product. Location in the Pleasantville Mall provides a fully leased strip by the end of 2016 bringing in a continuous breakfast and lunch crowd. NJ lottery now in place provided not only additional income flow but also patronage to the food business. Location on the Black Horse Pike affords easy access for the local market.
Growth & Expansion:
Expansion of the catering and delivery service in the current market place is inevitable if product is kept upon current deli status and marketed more aggressively. An upgrade in product would not be well received by the solid customer base already in place who expects and patronizes the current fare.
Financing:
none
Support & Training:
If part of negotiations
Reason for Selling:
retirement

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Jayne Kelly

Business Listed By:
Jayne Kelly

Turton Commercial

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Judy Gallery

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