MergerPlace

Low Overhead High Profit Deli

New Jersey (Essex)


  • Asking Price: $130,000
  • Gross Income: $218,400
  • Cash Flow: $125,395
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $50,000
  • Listing ID: #202501
  • Established: 20
  • Employees: 3

Business Description

Operating profits, low cost of overhead are hard to duplicate or find. Payroll info is estimated. Does large catering to selective cliental. For school opening had all cash $1,700 delivery. This owner operated facility draws patrons in from local employees, teachers and pass by drivers who have been regulars for years. Always busy morning and afternoon seats 30 plus has strip mall parking plus second lot business growth is due to word of mouth. This extremely low cost operated facility will be beneficial to any owner. Cash 80% Credit 20% quality and taste extremely important here.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Essex

Company Information

Year Established: 20
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $130,000
Gross Revenue: $218,400
Cash Flow: $125,395
FF&E: $50,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

Recently purchased Deli. One of the partners can no longer function there. All equipment kept in good working condition, strip mall plus side lot parking, extremely acceptable and great lease.

Growth & expansion opportunities:

Place now derives its increasing business by word of mouth from present satisfied customers- keeping this philosophy in its continued success

Competition:

Virtually no direct competition in this area of city. This well-known will always continue to do its market share of business.

Reason for selling:

One of Partners not able to handle their end

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Vito Matromonaco

Executive Business Brokers