Trusted Deli with Specialty Meals Prepared In House! (17620)

Financial & Assets Details

About the Business

Business Description

Nestled in the bucolic Mainline suburb of Philadelphia in a neighborhood graced with high incomes, this is the “cat’s meow” of listings. Quality and satisfying customer’s needs are benchmarks of an establishment specializing in prepared take-home dinners, butcher cut fresh meats, deli products and related products at competitive rates. With negotiable financing, this company presents several growth opportunities for new owner, such as makeover renovations and an expansion of their kitchen for when the expected rise in clients brings further profits. Headquarters is a leased facility of 1,200 square feet, with additional space used for staging, production and warehousing found within its premises; able to handle extra capacity, the property is in excellent condition and features ample parking. After a ranged transition from six to twelve months, business is ready for buyers to continue daily operations, thanks to a skilled personnel of two employees taking on vital duties post-purchase. Besides maintaining a website and social media presence, company benefits from a proven effective word-of-mouth referral source system that’s backed by their large returning customer base. This listing is a match made in heaven for an existing business wanting to break into the Mainline market with a clientele spanning 65 years of operation! Already projecting an increase in visibility and gross profit for 2021 due to a major construction that brought forth a downturn; 2020 summed a total Revenue amount of $515,000, along with Seller Discretionary Earnings of $97,000. Based on an independent evaluation!

Seller Financing

Financing can be negotiable for the right buyer.

Location Details:

Leased.

Support & Training

Ranged transition from six to twelve months.

Reason for Selling:

Approaching retirement and/or pursuing other interests.