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BUSINESSES FOR SALE


If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

High Volume Deli For Sale

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $848000
Net Profit / Cash Flow  $120788
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1970
Number of Employees  4 - 5
Inventory  210000 Equipment & 2500 Inventory
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  The seller is prepared to offer a full training period and remain thirty days post closing.
Reason for Sale  Retirement after many successful years in the industry.
Description  Highly successful Deli offering a full menu of products and a complete line of food and meats. This food business with limited hours from 10:00 am to 6:00 pm offers breakfast, lunch and a huge menu of deli and meat products which include hot sandwiches, soups and catering. The sale includes various refrigeration units including multiple walk in boxes, POS system, a full commercial kitchen and a large array of equipment required for this particular industry. The facility has a capacity for 42 customers, 2,200 sq ft, one main floor, no basement. The facility has substantial private parking on site and part of the lease agreement. The business requires a consistent inventory amount of approximately $25,000. The business is operational seven days per week with hours from 10:00 am to 6:00 pm. The sale includes a municipal Certificate of Occupancy for this particular location. The new owner will obtain a 15 year commercial lease with a yearly rent of $48,200. The present business has an experienced staff of employees, unaware of the pending sale and expected to remain post closing. The business has a gross income of $848,000 and a 2011 net yearly income of $120,788. The sale includes a long lease at a modest rent and an option to purchase the real estate. The facility is clean, attractive and very well maintained. The seller is retiring after many successful years and will supply owner financing, an option to purchase the real estate and train the new operator.
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