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Family Owned Deli Catering w/ Lotto & Pizza

Location: New Jersey  flag
Industry: Retailing Businesses, Other food stores

Asking Price
$ 150,000
Annual Revenue
$ 80,000
Annual Profit
$ 400,000
FF & E
$ 95,000
Inventory
$ 20,000
Year Founded
1965
Number of Employees
3
Website
Reason For Selling
Relocating and Retirement
This business is relocatable.
This business is home based.

Description of Business

A family owned Deli Catering with Lotto & Pizza located in a most desirable, quaint town of Passaic County, New Jersey. The owner is relocating after 19 years of continued good business. This is a six day operation with lots of catering and delivery service to the general area. The present owner also owns the real estate property and will supply the new owner with an option to purchase same. The business attracts daily customers to the Deli and has a busy Lotto service which brings in additional income. The business generates a substantial gross income with a stable profit for the owner. Please contact us for additional information.

Property Information:

Facility consists of 1,100 square feet with an indoor seating capacity for 18 customers. The seller will supply a long term lease and an option to purchase the real estate property. The real estate option is available through our real estate division. The monthly rent offered is $2,400.

Competition and Growth Potential:

No other food businesses exist in this particular area. With updated marketing and additional advertising to extended areas, the business can be further developed

Support and Training:

Seller will provide a full due diligence and transitional period.

Seller Details:

Ron Cervelli
9738370808

Regal Consulting Corp.

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