|
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.
Click Here To Contact Seller
|
|
