Established Delicatessen - 7388 Business Type: restaurant/ cafes/ diners,delicatessen/catering services
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $190,000 | Down Payment | $120,000 |
| Gross Revenues | $473,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $106,646 | Number of FT Employees | Register Free to View |
Financing
$120,000 Down and 3 years @ 5%
Business Description
Super stable 4 year old deli business with nearly new equipment. A great location that is very well known to the surrounding schools, businesses and municipality departments in town. A very stable clientele with regular walk-ins and large delivery orders. This location also has a very solid catering operation with a lot of room to grow. Lottery commissions add nicely straight to the bottom line of this mostly cash business. The current owner is ready to retire from this business, which has a great building and ample parking. The building/property is also available from the owner immediately (for $530K) or it can be rented as shown in the profile and bought at a later time. A very flexible deal can be made to the next owner operator of this well positioned business. Add a little more efficiency to your work force and this business can quickly add thousands to the bottom line.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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