Deli Restaurant And Catering Business In NW Pennsylvania For Sale

Business description

Business Summary: Deli, Restaurant , and Catering Business in N/W Pennsylvania $92,000 Fully Equiped – Turn Key Business



Overview

Martino’s Deli is a fully equipped Restaurant in Franklin, Pa. 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 90’s sales were $800K a year, in the 2000’s 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 chain’s 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.

Property information

Real Estate:

Lease

Lease terms:

$1,000 per month

Location:

Main Highway, no competition

Size in square feet:

12,000 sq ft

Business Operation

Reasons for selling:

retired

Trading hours:

11 am to 7 pm Monday thru Friday

Employees:

12

Years established:

1984

Other information

Support & training:

Experience necessary

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$125,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)