Stand Alone Deli and Caterer - 27674

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Asking Price:
$179,000

Gross Revenue:
$465,650
Cash Flow:
$123,847
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

**MAJOR PRICE REDUCTION** Established deli and caterer for sale in an affluent South Shore town. This location has been a deli for over 50 years! The current owner has been here for the past eight years, and it's the most popular deli in town. It is surrounded by residential homes. They offer all your deli favorites, including hot and cold items, steam table and cold cuts by the pound. The space is 1,800 sq. ft., with six years left on the current lease (one year, plus a five-year option), at a rent of only $3,500/month. There is a full kitchen with hood system. In the past year, the business grossed approx. $480,000.00, with a net income of approx. $123,847.00. There is still room to grow by adding cigarettes and lotto. These additions, alone, could increase sales by 10-15%. THE OWNER IS WILLING TO STAY ON TO ENSURE A SOOTH TRAINING AND TRANSITION PERIOD. We are seeking a serious and financially qualified buyer with at least $179K in liquid funds to cover the asking price and inventory. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business

About the Business

Year Established:
2013
Number of Employees:
4
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About the Sale

Reason For Selling:
Moving
Training/Support:
Yes

Listing Info

ID:
1601533
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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