Gourmet Italian Delicatessen

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Upscale Italian Delicatessen in Affluent Area!
Asking Price:
$395,000

Gross Revenue:
$1,250,000
Cash Flow:
$240,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Very Profitable Business Priced To Sell!!! This business has it all! A GEM - Very successful business located in an affluent area surrounded by Corporate Buildings and 2 schools right next door. Fresh & New beautiful place, very modern and clean, is beautifully decorated w/granite counters and amazing decor. Outdoor seating & more. It has all the bells & whistles! Owner spared no expense. True turn key business. Easy to operate. No late night hours. Daytime hours only. Very profitable & great for 2 partners or easy to operate by yourself. Secure Business - 20 Year Long Term Lease. Very Favorable Rent. Don't miss this opportunity!!

About the Business

Year Established:
2017
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,500
Facilities:
2500 sq ft - 20 Year Long Term Lease
Market Outlook/
Competition:
Affluent Community, Loyal Customers & Corporate Business Catering. No Competition in the area! Only business like this in town!
Growth & Expansion:
Add a pizza section & bring in about 500k plus more revenue.
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About the Sale

Reason For Selling:
Have 2 businesses with no partner & wife is not well & can no longer assist.
Training/Support:
Seller will train new owner.
Seller Financing:
Some financing to qualified buyer

Listing Info

ID:
1376177
Ad Detail Views:
509

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Business Listed by
Anthony L.

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U.S. Census Data for Union County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Union County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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