Well-Established Deli & Catering Business for Sale
Asking Price: | $360,000 |
Gross Revenue: | $1,100,000 |
FF&E: | $200,000 |
Cash Flow: | $250,000 |
Inventory: | $15,000 |
LISTING ID # 36531
For over 50 years, this beloved hometown deli and catering business has been a staple in the community, consistently thriving. The business has been expertly managed for the last 7 years, with the current owner purchasing it from the previous owners 3 years ago. The owner is retiring and offering this exceptional opportunity. In the past 2 years, $150,000 has been invested in renovations, including new refrigeration, air compressors, LED lighting, and more. The space is immaculate and well-maintained, with 12 years remaining on a favorable lease. The location is prime, with heavy foot traffic and a friendly landlord. The facility includes 2 walk-in freezers, bagel-making equipment, and an on-site ATM. Currently, 15% of revenue is generated from catering. There is significant potential for growth with a new owner, including the opportunity to add lottery and beer sales, as well as extending operating hours. For more information, please contact the broker,