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One Met-Life Stadium Caterers

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$37,500 Undisclosed Undisclosed

Furniture and Fixtures Value:
$140,000 (included in the asking price)

Business Summary:
Plenty of opportunity for a new owner operator. In the past, deli was operated absentee although owner had several contacts that may be revived. Deli was extremely active - 3 slices plus heavy catering load. Large kitchen and basement capable of handling large capacities of guests did a great deal of corporate affairs including Met-Life (Giants) Stadium. New owner can take advantage of past rights not taken on by former owner. Can start serving pizza to distribute into area w/ no pizzerias. Deli did over 30 lbs of coffee per week, over 120 rolls daily. Used over 12 gallons mayo p/wk for salads & sandwiches. Big selection of hot/cold salads & dishes, w/ large catering menu; opposite Junior High School w/ 1,500 students. Rent is $2,500 p/mnth; extra 1,500 sq. ft. available. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.

 
   
   
Year Business was Established: 1940
   
Facilities / Terms of Lease: 2,700 sq. ft. facility loaded with equipment, deli cases, hot boxes, additional square footage available. New long lease from landlord with options available.  
   
Potential Growth/Expansion: Advertising to regain lost business and take on past privileges that past owner never took advantage of.  
   
Competition: None in the catering/delivery area  
   
Owner willing to finance: Negotiable to strong buyer  
   
Reason for selling: Closed, had storied past  
 

 

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