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Asking PriceUndisclosed
Revenue$3,500,000 EstablishedUndisclosed
Cash Flow$400,000 Employees12 full-time
FF&E$375,000* FranchiseNo
Inventory$1,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Super volume, highly successful Deli, Food Mart & Restaurant which offers catering services and very popular specialized deli products. The business is in a highly populated affluent city of Mercer County, NJ, near a State college with thousands of residents. This deli has a yearly gross income of $3.5 million and a substantial net yearly income to the owner operator. For many years, this highly successful award-winning retail food mart is known for its high-quality products and service, providing gourmet food at affordable deli prices. This food mart produces a high volume of catering representing a substantial mark up and high profit to the owner operator. They are in a highly active affluent urban area, close to various companies, school systems, pharmaceutical companies and government agencies. Whether you're entertaining friends, family or business associates, the company makes it easy for the customer to create a great impression. Their staff is experienced and provides top notch, friendly and professional service that can be trusted and relied upon. This business has twelve employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll of $14,000. The business fixed assets has an estimated value of approximately $375,000 which is based on equipment and licensing replacement cost and the sale includes a fully equipped combination food mart, deli and restaurant which includes a commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, ancillary system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The business facility has appropriate municipal parking near to the business. The business is active seven days per week, with hours from 9:00 am to 7:00 pm. The sale includes a certificate of occupancy from the municipality and the required city licenses to conduct its day to day business. This is a remarkable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a substantial investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Facilities:This retail facility consists of 3,500 square feet with various sections for different products and services. The business is clean and modern with an attractive appearance. The business is on an active commercial avenue close to various businesses that attract a large clientele. This opportunity is in Central New Jersey, Mercer County, which consists of various affluent communities with continued demand for this food service industry.
Competition:To the best of our knowledge, no other new competitors are expected near to this business and the owner has agreed to supply a non-compete agreement to the purchaser.
Growth Potential:The business can further develop its catering position with an improved marketing plan / web site and by improving the business web site.
Training/Support:The owner will remain post-closing for 60 days and supply a transitional period.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The owners are retiring from the industry after many successful years.
Ad #94097
Seller Reference #FMKT157
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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