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Low Overhead High Profit Deli

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$130,000 $218,400 $125,395

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Business Summary:
Operating profits, low cost of overhead are hard to duplicate or find. Payroll info is estimated. Does large catering to selective cliental. For school opening had all cash $1,700 delivery. This owner operated facility draws patrons in from local employees, teachers and pass by drivers who have been regulars for years. Always busy morning and afternoon seats 30 plus has strip mall parking plus second lot business growth is due to word of mouth. This extremely low cost operated facility will be beneficial to any owner. Cash 80% Credit 20% quality and taste extremely important here.

 
   
   
Year Business was Established: 20
   
Number of Employees: 3  
   
Facilities / Terms of Lease: Recently purchased Deli. One of the partners can no longer function there. All equipment kept in good working condition, strip mall plus side lot parking, extremely acceptable and great lease.  
   
Potential Growth/Expansion: Place now derives its increasing business by word of mouth from present satisfied customers- keeping this philosophy in its continued success  
   
Competition: Virtually no direct competition in this area of city. This well-known will always continue to do its market share of business.  
   
Owner willing to finance: Owner would give financing to the amount of $35,000  
   
Owner willing to train: 2 weeks  
   
Reason for selling: One of Partners not able to handle their end  
 

 

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