Seller Financing- Established Deli & Catering-Excellent Volume-$160K
Business Description
Well established and well appointed deli &catering store in an affluent town and part of a beautifully maintained plaza.
Located NEAR the Town of Easton in Fairfield County.
Excellent outlook as immediate area has luxury apartments and additional non-competing businesses scheduled for construction.
Owner has been here over 16 years and is retiring.
Sales were close to $900,000 when owner was active in business and now in the $625,000 range.
75% retail deli and 25% catering to businesses, parties and private gatherings.
The equipment alone in this store would be in excess of $200,000 to install new. Equipment includes: Walk-in refrigerator, 2 large freezers, pizza oven, fryer, grill, oven, 12 foot hood, 2 large deli cases, 3 Soda refrigerators (by 3rd party), 3 display refrigerators, various displays, hot food buffet display, refrigerated sandwich station, meat slicer, coffee makers, various cooking items (racks, pots, pans, etc.) and much more.
Rent is $6335 month for approx. 1800 sq ft. 5 years left on lease but landlord will do new 10 year lease. Landlord might be willing to renegotiate lease with new buyer.
6 experienced employees who are expected to stay on ranging from 1-3 years at store. These employees run store and owner just oversees operations.
This is a lot of store and well equipped for this price with 16 years of established history, great name and proved sales.
Great opportunity to come in and build from here or just run as is.
$160,000 - List Price
$80,000 Down and $80,000 financed at 4% over 5 years.
$25,000 of inventory is included in sales price so purchase is really $135,000
Cash Offers Only
Located NEAR the Town of Easton in Fairfield County.
Excellent outlook as immediate area has luxury apartments and additional non-competing businesses scheduled for construction.
Owner has been here over 16 years and is retiring.
Sales were close to $900,000 when owner was active in business and now in the $625,000 range.
75% retail deli and 25% catering to businesses, parties and private gatherings.
The equipment alone in this store would be in excess of $200,000 to install new. Equipment includes: Walk-in refrigerator, 2 large freezers, pizza oven, fryer, grill, oven, 12 foot hood, 2 large deli cases, 3 Soda refrigerators (by 3rd party), 3 display refrigerators, various displays, hot food buffet display, refrigerated sandwich station, meat slicer, coffee makers, various cooking items (racks, pots, pans, etc.) and much more.
Rent is $6335 month for approx. 1800 sq ft. 5 years left on lease but landlord will do new 10 year lease. Landlord might be willing to renegotiate lease with new buyer.
6 experienced employees who are expected to stay on ranging from 1-3 years at store. These employees run store and owner just oversees operations.
This is a lot of store and well equipped for this price with 16 years of established history, great name and proved sales.
Great opportunity to come in and build from here or just run as is.
$160,000 - List Price
$80,000 Down and $80,000 financed at 4% over 5 years.
$25,000 of inventory is included in sales price so purchase is really $135,000
Cash Offers Only
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $6,355 per month
About the Sale
- Financing Options
- Seller Financing 50% = $80,000 at 4% over 5 years. With $80,000 Down
Listing Info
- ID
- 2556303
- Listing Views
Listing ID: 2556303 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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