Gourmet Deli in Shopping Center For Sale
Description
A popular Gourmet Deli & Catering business located in a high traffic mall center of Somerset County, New Jersey. The business was established in 1998 and since has provided quality and delicious gourmet foods with a large volume of catering. The business location is excellent due to the high traffic area and national franchise companies located in the mall. The sale includes a long lease with additional options and moderate rent payments. The business has been pre approved for bank and owner financing. This is a solid opportunity in a wonderful location! Please call for further details.Included in asking price
Furniture / Fixtures included
Sales Revenue
900000
Net Profit
175000
Years Established
10
Employees
12
Trading Hours
Mon-Sat 8:00am to 8:00pm
Location
Facility consists of 1,500 square feet with ample indoor and outdoor seating. Parking is also included in the sale.
Expansion Potential
With updated marketing the business can be further improved.
Competition/Market
No other similar businesses exists in the particular area.
Support/Training
Seller will provide a full due diligence and transitional period.
Reasons for Selling
Retirement
Finance Available
Seller will finance the business to a qualified purchaser.
Furniture/Fixtures Value
$145,000 (included in the asking price)
Inventory/Stock Value
$15,000
Tenure
Leasehold
Lease Terms
An existing lease expiring in 2011 is available for the new owner with additional options for continuation.