Delicatessen and Market

Saratoga County, NY

Seller Financing Available
Delicatessen and Market
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Asking Price: $415,000

Cash Flow: $125,000

Gross Revenue: $1,545,000

EBITDA: N/A

FF&E: $84,000

Inventory: $62,800

Rent: $3,505 /Month

Established: 1995

Delicatessen and Market

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Business Description

This is a full-service deli and market. They carry a variety of deli meats, including a full line of Boar’s Head products. The deli counter produces a large variety of subs, sandwiches and salads. There is also a full-service butcher counter; imported and domestic groceries and a substantial selection of fresh produce. Hot and cold catering services are also offered. All salads are made on the premises.

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Detailed Information

Location:
Saratoga County, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,900
Lease Expiration:
3/31/2025
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company leases approximately 2,900 square feet of space. The retail area occupies 2,500 square feet. The lease term is 15 years and expires on March 31, 2025. Rent is currently $42,060 per year.
Competition:
There are other similar operations in the area, but very few have the long history, customer loyalty and substantial sales volume that this company enjoys.
Growth & Expansion:
Possibilities for generating additional revenues include reducing the produce section and using that space for more imported and local items; making room for a hot and cold buffet, with more choices for lunch; and opening earlier to serve coffee, breakfast sandwiches, etc.
Support & Training:
The Seller will stay on for a negotiated period of time to train the Buyer in all aspects of the business operation.
Reason for Selling:
The owner would like to retire and is starting to divest his assets.
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Kevin Kryskowski, ABI

Business Listed By:
Kevin Kryskowski

Business Intermediary Group LLC

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