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Very Profitable Deli In Upscale Town

Lower Fairfield County, Connecticut (Fairfield County)

Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price $1,100,000 Inventory $6000* 
Gross Income $1,300,000 Real Estate  
Cash Flow $450,000 Year Established 1962
FF&E $175,000* Employees 8

* included in the asking price

** not included in the asking price

This is a very well estabished Deli in a very upscale community. The revenues are over $1,300,000 and the profits are very high. The location is excellent. Located across from the train station in center of town. The commercial complex that the business is located in is very well managed and run. The business is street side with excellent parking right out the front door! The business is 75% wali-in and 25% catering. The facility is very well designed and equipped. There is ample storage and work space. The counter and deli cases are very well designed. This business serves breakfast and lunch as well as all day walk-in noshing! There is a minimum of 300 people a day in the store. A great following and a great entity within the town. They continue to get an excellent mix of business being in an upscale town. A lease is in place for 10 years. All the employees will stay on .....new ownership wanting them. A real great opportunity for someone wanting to exit the corporate world....or for someone working in someone elses's deli! No matter what your reason is for looking into this business....you will not be disappointed! It won't last. Businesses making this size return usually do not come to market as this one has. Don't miss out!

Facilities: Great store front. Across from train station. Street front. Parking right outside the door. Well equipped and built out. Excellent layout. All 1200 feet are wll used.

Competition: When does a deli do badly? Never! Future is bright. Lots of upside potential. No other deli in the area. Loyal and captive audience.

Growth/Expansion: New owners can look to branch out and expand the services and product that is offered. You could put in an ice cream area serving like an ice cream / sundae shop!

Financing: open to discussion

Support/Training: Owner will transition as needed

Reason Selling: other interests and would like to retire

AD # 382144

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