Business For Sale

Restaurant/Deli Nets $180k

Not Disclosed, NJ
Hunterdon County


Asking Price: Annual Revenue:
$350,000 $1,028,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Restaurant/Deli Nets $180k Broker: Ron Cervelli
Owner Financing is Available!
Is available with a down payment of $150,000.

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,028,000
Net Profit: Not Disclosed
Cash Flow: $181,000
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 5
BBN Listing #: 60233909
Broker Reference #: REST637

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

This is a highly successful restaurant / deli / pizzeria with a gross yearly sale of $1,028,000 and a consistent net yearly income to the onsite owner operator. The business income represents 70% deli/restaurant mart and 30% pizzeria sales with a moderate cost of goods, representing a substantial average mark up to the business. The business has a simple philosophy which is to offer fresh ingredients prepared in an authentic manner in a pleasant setting and using only top-quality products including hormone free, grass-fed beef products. The market & eatery also have a helpful and professional staff of employees. The deli has a successful catering service representing a wonderful menu of popular dishes with a substantial mark up and profit to the deli. Their message is to provide their customers with the best food & dining experience possible, to the best of their ability. This company has five full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $14,000. The business has an assignable commercial lease which expires 2027-01-01 plus additional options, with a monthly rent of $2,600, cost per square foot is estimated at $18.75 and rent security of approximately $5,000. The business fixed assets has an estimated value of approximately $170,000 which is based on equipment and licensing replacement cost. This successful business operation is active seven days per week, with hours from 11:00 am to 9:00 pm. The business has been valued at $350,000 with $150,000 down payment which is based on a multiple of the net yearly income including the value of the specific business assets and seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a 33% investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This successful retail Deli & Pizzeria facility which consist of 1,600 square feet has an attractive modern appearance. The business is in a mid-size commercial mall with other active businesses and is located on a convenient county road. This opportunity is in North Western New Jersey, Hunterdon County, which consists of various affluent communities with continued demand for this industry.

Market Competition and Expansion:

No other similar competitors presently exist in the area, and 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 presently has a limited marketing plan, basic web site, and no delivery system, if improved can further develop the business yearly gross sales.

Reason for Selling:

The owner will remain post-closing to supply an ap

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.

Documents:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!