Deli/Caterer
Bergen County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$325,000 |
$450,000 |
$150,450 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$12,000 ( not included in the asking price)
Business Summary:
Plenty of opportunity to succeed in this deli/catering operation for new operator. At present deli is operated semi absentee owner puts in 12 hours weekly. Has a local contact to be passed onto new buyer including operating food concession at high school field, and delivery to Giants Stadium. Extremely busy deli has 3 slicers plus heavy catering with future planned jobs. Great deal of corporate orders. Owner keeps diversifying. Now ordering rotisserie to serve chicken rotisserie plus plans to put pizza on menu as he has two pizza ovens - no reputable pizzerias in the area; also delivers no immediate competition on this end. At present deli does over 30 lbs. of coffee weekly, over 120 rolls plus bread loaves daily. Prepares and sells one entire roast beef 18 lbs at $10.29 a lb. cooked turkey breast at $11.99 a lb. Uses over 10 gallons mayonnaise weekly, for fresh salads. Big array of hot/cold salads and foods displayed properly. Large catering menu directly opposite area JR and high school 1,500 students plus faculty. Delivers to corporations (billed) service organizations, and weekly function groups. Last 2 years featured as place to food up before Super Bowl on T.V. Channel 4 owner lenient or financing and terms since is he landlord will give excellent lease.
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Year
Business was Established: 1936 |
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Number of Employees:
5 |
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Facilities / Terms of Lease:
Extremely large deli/caterer operation 2,700 sq. ft. with basement large kitchen area over loaded with equipment street parking plus after school parking most equipment including compressor 5 years old. |
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Potential
Growth/Expansion:
As absentee owner is using diversifying now going to put pizza on menu (has 2 pizza ovens) and is buying rotisserie for chicken rotisserie. |
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Competition:
No competition to this well known place several delis opened up and closed with in months after opening |
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Owner
willing to finance:
Owner is very liberal with his financing terms more important to sell to qualified successful buyer. |
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Owner
willing to train:
2-3 weeks |
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Reason for selling:
Owner is retiring from business. |
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REQUEST MORE INFO |
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