Business Summary:
This is a great opportunity for an experienced operator to own a fantastic one year old upscale Italian Deli which closed, with all new top quality equipment and fixtures. To make it easy for the right buyer to take over the business, the seller will finance the entire deal will only a $30,000 down payment. Designed for a multi million dollar operation, the store was completely renovated (main floor and full basement) before opening in Nov, 2011. The owners invested $750,000 to create a beautiful selling environment in this upscale community. A short list of equipment and fixtures include, walk in freezer, walk in refrigerator, display cases, 2 deep freezers, redesigned kitchen, 6 burner range with fire suppression hood, convection oven, butchering equipment, 3 deli slicers, security cameras, POS system, roof HVAC and much more. This is a must see to fully appreciate. The business generated revenue of $1,030,615 in its only year in operation but inexperienced owners did not control costs which resulted in losses. With proper management and expense control, profits are attainable. The lease is assignable and extensions can be negotiated. Seller is looking for experienced operators only. Business is being sold for $225,000, with $30,000 down and seller financing for the balance. Terms are negotiable for qualified buyers. For further information, call broker Paul Holveck at 908-851-9040 x277
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