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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   >>   Pennsylvania Businesses For Sale Categories   >>   

Deli, Restaurant And Catering Business

Location  Pennsylvania,United States
Asking Price Range  < $250K
Gross Revenues  $450000
Net Profit / Cash Flow  $20000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1984
Number of Employees  10 - 19
Inventory  2000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Experience.
Reason for Sale  Retired.
Description  Deli, Restaurant and Catering Business in N/W Pennsylvania $92,000. Fully Equiped - Turn Key Business. This Restaurant in Franklin, Pa, is a fully equipped. Presently it is only operating a small catering business. The business was started in 1984 and recently closed in July 2011, due to poor management. At closing, the sales were $4,500 a week operating from 11 am to 7 pm Monday thru Friday. The sales can easily be increased to $8,000 a week, with overhead at $2,000 a week. In the 90s sales were $800K a year, in the 2000s we condensed the business down to $450K a year. By purchasing the Deli, the buyer will receive full ownership of all the equipment. A lease of $1,000 a month, for the 12,000 sq ft building, is available on the buyer's terms. The building housing the Deli is available to purchase from the present owners. The equipment list is very extensive and available for interested buyers. Growth and Expansion Opportunity Growth is the biggest opportunity with this business. Being in the center of the Utica Shell, Venango county is ready to explode. With only a few chains and a couple upscale restaurants in our area, good home cooking can't be competed with. Why am I Selling? My partner and myself are now retired. We tried to stay open as absentee owners. That rarely works out very well. If you have any questions about the business or would like to speak with me directly, please don't hesitate to shoot me an email or give me a call. The building housing the Deli is available to purchase from the present owners. A full equipment list is available for interested buyers. If you are interested and have the money, call me immediately. For more information please email or contact Ray Benvenuti at 814-671-4170.
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