Deli Café Nets $125,000
RetailFor Sale in NJ
Financial & Assets Details
About the Business
Sold business opportunity and priced to sell for this nine-year young modern high volume upscale deli with a gross yearly of $769,000 and a $125,000 net yearly income. The menu offers an assortment of foods and deserts to satisfy their customers and they provide meals for breakfast, lunch, and dinner. Their products represent the freshest ingredients, and the profit margins represent a solid return on investment. This is a dependable safe business opportunity and based on the moderate asking price, and owner financing, this transaction expects to supply a consistent and high return to the owner operator.
Growth & Expansion
Regarding growth and expansion, the retail food operation can be further developed by increasing the days of operation, improving the advertising as an onsite owner operator. Additionally, the company has a limited non-optimized web site and if adjusted can possibly further develop the business yearly gross sales.
Also, owner and SBA bank financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
This business opportunity is in northern New Jersey, Bergen County on an active county road and in a commercial mall. This business facility consists of approximately 1,547 square feet with an attractive, and professional appearance and built for high volume production. The location has a customer capacity for approximately thirty customers.
Support & Training
Training and owner support, the owner is fully prepared to remain post-closing for sixty days and will supply an appropriate transitional period to purchaser.
Reason for Selling:
The purpose of this business transaction is due to the owner’s absenteeism and operates an alternative business out of this immediate area.