Deli Like No Other
New Haven, CT New Haven County
Madison
Seller's Contact Information
- RE: Deli Like No Other
- Contact: Shawn Reilly
Quick Facts
| Asking Price: | $249,000 | |
| Annual Revenue: | $650,000 | |
| Net Profit: | $150 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 818833937 | |
| Broker Reference #: | MAD |
Business Overview:
There are opportunities and there are opportunities but I haven’t seen one like this and it is my pleasure to offer this one! To find a take out deli in a quaint east shore village doing 200 to 300 people a day netting high 6 figures established for half a century for this price is unheard of. The Post Rd location in this populated high income area is a phenomenal AAA location location location. Its incredible for a deli this size with no tables, open 6 days, closing at 5:00 pm can do this much business consistently over the years. To find a business with a phenomenal 4% rent factor is a rare bird itself. Call now to take advantage of this over the top high grossing business in an incredible location, don’t miss this one.
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Property Features and Assets:
1,200 booming square feet, no seating incredible all take out Deli, phenomenal $2,400 gross rent (includes property tax & insurance garbage removal) per month unheard-of 4% rent factor with minimal increases, long term lease, desirable east shore town, historic building, all new electric & hood 2007, AAA high density & traffic Post Rd location, open 6 days 6-5 Sat 8-5 closed Sundays, upside potential, established 50 years plus, high grossing business is an under statement.
Market Competition and Expansion:
Location: Quaint east shore populated upscale village on the Post Road. Growth/Expansion: Open for dinner & Sundays and more focus on catering.
Reason for Selling:
Other business interest
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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