Profitable Deli/Catering Business - 25268 Business Type: bagel stores,delicatessen/catering services,other eating & drinking places,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $339,000 | Down Payment | $125,000 |
| Gross Revenues | $796,480 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $196,244 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and $214K at an interest rate of 6% per year payable monthly, over 60 months.
Business Description
PRICE REDUCTION! SELLER WILL ENTERTAIN ANY REASONABLE OFFER! High volume, successful deli/catering business, located in a very busy strip mall on main thoroughfare, in an upscale town. Established and very profitable. Location has been a Deli for 3 decades. Experienced owner acquired it 4 years ago and grew the business after modernizing with $100K. Continues to generate strong volume and increasing sales annually. Open 7 days Also provides catering (breakfast & lunch) with an extensive menu. Low rent, good landlord. 1 year left on lease with two 5 year options available. Experienced staff can remain with new owner. All equipment up to date, clean and requires no servicing. Owner relocating out of state.
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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