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Profitable Full Service Deli
Location: United States -> North Carolina -> Jacksonville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Business Description:

This authentic New York style restaurant has been serving breakfast, lunch, and dinner for over 10 years. All the classics can be found here, all featuring only the highest quality meats and cheeses '' imported'' from their NYC supplier.

The restaurant is approximately 2,500 square feet, including a 2nd floor which offers amazing ocean views and is serviced by a food elevator. The large kitchen is clean and fully stocked with all the necessary equipment, all of which is well maintained and in good working order. There is also a private office complete with security monitors. There is a long term lease in place and available to the new owner.

This opportunity is perfect for a buyer with restaurant experience who wants to build on the success of an established and successful business.. While sales have consistently hovered over $600k in recent years, there is still room to increase business through additional marketing and the expansion of the deli s catering services as there is little competition in the area.

Detailed Information:
Facilities: 2,500 square feet in a building less than 10 years old. 2 floors with additional seating outside. Excellent lease terms.

Competition: Very unique offering for the area which limits direct competition. Strong but seasonal market with a huge influx of new ''residents'' each summer.

Growth/Expansion: Multiple opportunities to grow the business through a combination of additional marketing as well as increased delivery and catering. A major project is slated to begin soon which should bring increased traffic to the business. The project itself will keep a large number of workers in the area that will need to eat.

Call Sean 910.367.5229


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $600,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1996
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller will provide 2 weeks training and transition. Terms for any additional consulting beyond this point would have to be determined separately.
Reason For Selling:  After two decades in the business

Photos

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Profitable Full Service Deli Photo 1




Print Listing Id: 700206941
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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