Deli Owner Financing

Asking Price$150,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$732,000

Inventory$1,600
Not included in asking price
FF&E$55,000
Included in asking price
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Deli Owner Financing


Asking Price$150,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$732,000

Inventory$1,600
Not included in asking price
FF&E$55,000
Included in asking price

Seller Financing Available
Business Description
Highly successful deli serving Middlesex County New Jersey with yearly gross sales of $732,710 since 1988 and a consist net yearly income. Owner financing with $50,000 down payment. They are a family-owned business with roots in the food business for many years. This local deli is a staple in the community and remains the same consistent neighborhood go to place for Breakfast, Lunch and Catering. They serve the best possible products with a substantial mark up to the owner. Their customers choose from a full selection of breakfast and lunch products and much more. They also offer Catering for any Breakfast, Lunch or Evening meetings. Continental Breakfast, Hot Breakfast Buffet, Fruit Bowls & Platters, Coffee & Tea, Sandwich Platters, Salads, etc. The deli also has contract relationships with nearby companies to supply food products for their employees and customers. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. The 2023 yearly gross income as represented by the owner is estimated at $732,710 and the business has a yearly net income of approximately $81,566 based on an onsite owner operator which includes any discretionary income and prior to any debt service. The 2024 income is expected to be greater than the previous year. Broker recommends formal due diligence.
About the Business
Years in Operation
50
Facilities & Assets
This business opportunity is in northern New Jersey, Middlesex County on a highly active county avenue with dozens of other successful retail businesses. This business facility consists of approximately 1,150 square feet with an attractive, professional appearance. The business is in a free-standing retail facility conveniently location on a commercial avenue for its various customers. The business has substantial municipal parking in the area of this business and has a customer capacity for thirty customers.
Market Outlook / Competition
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement with the purchaser.
Opportunities for Growth
Regarding growth and expansion, the retail company can be further developed by improving the marketing and local advertising specifically for catering and delivery service. Additionally, the company has a limited non-optimized web site and if adjusted it can further develop the business yearly gross sales.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,800
Rent
Not Disclosed
Lease Expiration
1/1/2032
About the Sale
Seller Motivation
The purpose of this business transaction is due to the owner retirement from thi
Transition Support
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to the purchaser.
Financing Options
seller financing may be available to a qualified buyer with an appropriate down payme
Listing Info
ID
2433292
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Business Listed by: Ron Cervelli Regal Consulting Corp.

Listing ID: 2433292 The information on this listing has been provided by either 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 and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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