Asking Price: $650,000 Gross Revenue: $909,000Cash Flow: $235,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
DELI NETTING 235K LOCATED IN SOUTH JERSEY W/ 150K DOWN
Well established deli/catering business offers great opportunity to new owner!
This Deli has been a staple in its community for over two decades and has a huge following
The space has been meticulously kept and has plenty of seating for dining in
It offers an extensive menu of top of the line deli meat sandwiches as well as hot sandwiches, soups, salads and homemade dinners.
The kitchen is fully equipped with high grade slicers, 10 burner oven, meat grinders, and an enormous amount of storage space for both refrigerated needs and dry storage needs
Aside from general walk in/take out business, this deli also has a large amount of catering business - offering options for any occasion.
A local favorite to cater office parties, holiday parties and any family event
Owner will include delivery vans for catering services
This business is open 6 days a week and currently does not offer delivery, so expansion is possible and will be profitable!
Current owner wants to retire and is willing to train new owner*
Asking $650,000 - $200,000 down - SBA balance
Deli Netting 235k Located In South Jersey W/ 150k Down
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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