Deli Restaurant

Not Disclosed, NJ
Union County


Asking Price: Annual Revenue:
$275,000 $749,300

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Deli Restaurant Broker: Ron Cervelli
Owner Financing is Available!
May be available to a qualified buyer.

Quick Facts

Asking Price: $275,000
Annual Revenue: $749,300
Net Profit: Not Disclosed
Cash Flow: $128,665
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
BBN Listing #: 50933909
Broker Reference #: DELI280

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Business Overview:

Wonderful deli/restaurant & caterer, with a huge 2,500 square foot commercial kitchen, gross income of $749,300 and a substantial net yearly income to the owner operator. This highly successful Italian style deli consists of a free-standing building with substantial growth potential. They have a popular menu for all customers and the business can be further developed by concentrating on increasing the existing off premise catering. The business income consists of no breakfast, 20% catering, 1% delivery. This deli has been serving their customer base with the same excellent quality that everyone expects, from basic delicatessen foods to their wonderful catered cuisine. All of their foods are prepared internally using the finest & freshest ingredients and their customers are assured the same freshness, and quality go into their products. Their menu offers a variety of favorite specialties, and, their friendly staff is available to provide personal assistance while planning a catering event. It is their goal to see that every customer is fully satisfied, no sale is ever complete until the meal is eaten and enjoyed. This deli consists of 3 full time & 3 part time employees who are unaware of the pending sale. The payroll is specifically based on an hourly basis, or a weekly base salary, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $3,300. The business transaction will offer an assignable commercial lease which expires 04/30/2020, plus additional options available, with a monthly rent of $4,800, cost per square foot is estimated at $10 and rent security of approximately $7,200. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

This deli business opportunity is in Northern New Jersey, Union County, consists of various highly populated communities with continued demand for this industry and service. This successful retail facility which consist of approximately 5,800 square feet has a modern and attractive image. The business consists of a free-standing structure in an active commercial area with various other successful businesses.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business opportunity can be further expanded by the new operator by developing the off-premise catering service. This business operation must further improve the existing marketing system and the required local advertising. Additionally, the company has a limited poor non-optimized web site and if adjusted can further develop the business yearly gross sales.

Reason for Selling:

The owner is relocating out of the general area.

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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