Deli/Catering Business

NJ

Deli/Catering Business
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Asking Price: $250,000

Cash Flow: $156,000

Gross Revenue: $682,000

EBITDA: $51,000

FF&E: $20,000

Inventory: $20,000

Rent: $2,800 /Month

Established: 1994

Deli/Catering Business

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Business Description

A well establish and very popular neighborhood Deli with a great Catering business. We have been in business for over 24 years and the store front has been around for 60 years. Great affluent town with a fantastic customer base. The potential to grow the catering business is endless. The deli is always busy and great margins.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
10/31/2017
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is for the business, assets and name only. Your lease can be written with your success in mind.
Competition:
Another deli about 5 miles away and we are doing higher numbers.
Growth & Expansion:
Not a lot of parking but they find places to park. The pro's are building the catering business is endless. Delivery can also be offered.
Support & Training:
Owner willing to train
Reason for Selling:
Retiring
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Business Listed By:
James Freda

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