NOT DISCLOSED, New Jersey
| Asking Price |
$325,000 |
Year Established |
2009 |
|
| Annual Revenue |
$723,402 |
Reason for Selling |
The owners are seeking to retire and transition the business to a new owner. |
|
| Annual P/L |
$0 |
Attention |
Larry Lynn |
|
| Annual Cash Flow |
$151,037 |
Listing Number |
1013255 |
|
| # of Employees |
10 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Well-established, family-owned Italian deli with a 17-year history of serving quality food and building a loyal, repeat customer base. Known for its hot and cold Italian sandwiches, wraps, salads, and lunch specialties, the business has become a neighborhood favorite among local residents, area businesses, and repeat catering customers. Approximately 85% of revenue is generated through deli sales, with the balance derived from corporate catering and party platters. Breakfast sandwiches account for approximately 5% of overall sales. Located on a major roadway in Northern New Jersey, the business benefits from excellent visibility, repeat clientele, and a reputation for quality food and service.
Property Features and Assets:
<p>Situated within a well-established shopping center on a high-traffic commercial corridor, benefiting from strong visibility, convenient access, and ample parking. The facility includes seating for approximately 30-35 customers and a fully equipped commercial kitchen capable of supporting current deli, takeout, and catering operations.<br></p><p>Assets = $173,289</p>
Market Competition and Expansion:
<p>The business operates within the deli, takeout, and catering segments of the food service industry. The surrounding market supports a number of established Italian delis and specialty food businesses, reflecting strong consumer demand for quality Italian food offerings. The Company's long-standing reputation, loyal customer base, prime location, and established catering relationships have enabled it to compete successfully within the marketplace for more than 17 years.<br></p><p>Opportunities exist to open on Sundays, expand corporate catering and party platter sales, increase digital marketing efforts, establish an active social media presence, and further leverage online ordering and third-party delivery platforms. Additional growth may be achieved by extending operating hours to capture dinner traffic and introducing additional menu offerings. The business has built a strong reputation and loyal customer base while utilizing limited marketing, providing a new owner with several opportunities to further expand the business.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity