Take Out Montgomery County Deli-Priced to Sell Quickly

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Asking Price:
$109,000

Gross Revenue:
$350,000
Cash Flow:
$75,000
EBITDA:
$75,000
Inventory:
$2,000
included in asking price

FF&E:
$25,000
included in asking price

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Business Description

A family owned and operated traditional neighborhood deli located in the heart of upscale neighborhood of Jenkintown, Montgomery County, PA. The business is committed to serving customers with the best quality food made from the freshest and finest ingredients combining friendly and fast service at great prices. This business was established on 2003 and continues to demonstrate steady year to year growth in revenues and profits. This is a business which is primed for growth for a new Owner/Operator. Great corner location, long term customer good will and good quality food will always have its rewards and a new owner has unlimited potential to increase sales. The business has been in operation for 17 years at same location and is firmly established. The opportunity is ideal for an owner/operator who is seeking a steady and reliable cash flow with a quick return on investment. This is not a franchised business and offers very favorable lease terms. Owner is willing to help in transition.

About the Business

Location:
Jenkintown, Pennsylvania
Year Established:
2003
Number of Employees:
3 PT
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$2,200.00 Per Month
Lease Expiration:
6/30/2021
Facilities:
Leased premises of 1,500 square feet includes back room refrigeration, freezers and office.
Growth & Expansion:
Current Owner uses no social media, no advertising and no delivery service. Closed on Sundays.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Owner will assist in transition.

Listing Info

ID:
1518303
Ad Detail Views:
533

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Business Listed by

Stan Rubinstein

Philly Business Advisor

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U.S. Census Data for Montgomery County, PA
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 Montgomery County, PA
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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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