Deli - Over $17K a Week

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$499,000 $572,917

Food & Beverage: Catering, Food Preparation


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RE: Deli - Over $17K a Week Broker: Russell Miller

Quick Facts

Asking Price: $499,000
Annual Revenue: $572,917
Net Profit: Not Disclosed
Cash Flow: $73,460
Total Debt: Not Disclosed
FF&E: $103,944
Real Estate: Not Disclosed
Year Established: 1999
Employees: 4
BBN Listing #: 42014955
Broker Reference #: 3401-17189

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Business Overview:

Over $17,000 in sales per week

Full Service Deli and Caterer
established over 30 years
prime retail location in strip center
large repeat customer base
open only 6 days and closes by 3 PM
2375 square feet of fully equipped space with plenty of seating
owner retiring
large cash business

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Property Features and Assets:

Prime retail strip center with 2,375 square feet fully equipped space with seating and large counter plus plenty of signage. Base rent $6400. $8450 per month total long term lease. Assets = $159,944

Market Competition and Expansion:

There are several competitors nearby. Industry reports predict that the increasing consumer spending and low unemployment rates are expected to help boost industry revenue. As a result, industry revenue is forecast to increase an annualized rate of 1.2% to $7.1 billion over the five years to 2026. This deli has a great location with a dedicated customer base. Add staff and expand hours and the business will grow. Additional advertising and event networking within nearby corporate and industrial centers will grow the business.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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