Ragozzino's Deli and Catering
Business Description
Established in 1995, Ragozzino's Deli is a long-standing local favorite with a loyal customer base and strong brand recognition. Located at 245 Summer Street, this turn-key deli operation generated $399,732 in gross receipts last year with a gross profit of $164,573. The owner currently pays himself $85,613 annually. Included in the sale are equipment assets valued over $100,000+. This is a rare chance to own a profitable and well-known deli with significant upside. Prices are currently well below market, offering immediate potential for increased margins through price adjustments. Additionally, there is an opportunity to expand by adding a side patio for outdoor seating. While the building could benefit from a cosmetic facelift, the bones of the business are strong, and the location is prime. Don't miss this chance to take over a beloved local business with growth potential!
About the Business
- Years in Operation
- 30
- Employees
- 4 (2 Full-time, 2 Part-time)
- Franchise
- This business is an established franchise
- Facilities & Assets
- (2) New Deli Cases
Double Duty Deli Case
Walk-in Freezer
(2) Walk-in Refrigerators
Full Kitchen Accessories & Equipment - Website
- https://cateringsouthingtonct.com/
- Market Outlook / Competition
- Ragozzino’s Deli & Catering has been proudly operating for over 30 years and is considered a staple in the Southington community. The business benefits from a prime location in an up-and-coming area, surrounded by new businesses and steady local growth. As one of the most recognized delis in town, it holds a strong competitive advantage with long-standing customer loyalty. In addition, the real estate is also available for purchase, making this not only an established business acquisition but also a valuable investment opportunity.
- Opportunities for Growth
- Growth opportunities include adjusting menu pricing to market levels, which will immediately enhance profitability. Expanding the side patio to provide outdoor seating and a convenient order window will increase capacity and visibility. Catering services can be marketed more aggressively to local businesses, schools, and events, while delivery platforms offer another channel for expansion. With these improvements, the business is well-positioned for continued growth.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 9,600
About the Sale
- Transition Support
- The seller is open to providing training and transitional support, to be discussed with the new owner.
- Financing Options
- Seller financing may be negotiable
Listing Info
- ID
- 2417626
- Listing Views
Attached DocumentsAttachment Disclaimer
Offering Memorandum - Ragozzino's Deli & Catering.pdf
Business Location
Listing ID: 2417626 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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