NOT DISCLOSED, New Jersey
| Asking Price |
$650,000 |
Year Established |
1974 |
|
| Annual Revenue |
$1,194,706 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Jessica Viscusi |
|
| Annual Cash Flow |
$239,246 |
Listing Number |
1005575 |
|
| # of Employees |
20 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
ONLY 10% DOWN NEEDED with Lender Financing! Buyer must be qualified and have food industry experience. This is a rare opportunity to acquire a well-established deli and market with a loyal customer base and a strong reputation built over 50 years in business. This turnkey operation is a local staple, known for quality Italian specialty foods and prepared items for catered gatherings.
The business is fully staffed with long-tenured, experienced management in place, allowing for a smooth transition and immediate continuation of operations. Systems and vendor relationships are firmly in place, making this an ideal opportunity for an owner-operator or a semi-absentee owner seeking a stable, proven business with room for growth.
The real estate must be purchased with the sale of the business, providing long-term security and additional value. Real estate priced separately: $375,000. This will be added to the total loan package for a 15 year term! The rent charge has been added back to the SDE.
Key Highlights:
Over 50 years of continuous operation
Established brand with loyal, repeat clientele
Fully staffed with management in place
Turnkey operation with proven systems
Real estate to be purchased at separate price
Strong cash flow and growth potential
This is a rare chance to own a longstanding business and tangible real estate value. Serious, qualified buyers only.
Property Features and Assets:
Stand alone building in good condition with parking. Located near a mix of residential and businesses.
Assets = $95,000
Market Competition and Expansion:
Offer outside catering with setup, add delivery for catering and daily orders, add online ordering, add new menu items such as pizza.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity