Deli Upscale Specialty Foods Catering and Gift Baskets For Sale

Business description

Act quickly as this owner must sell ASAP. This ultra modern, upscale, specialty food and deli eatery and catering business is a must have. This business has spared no expense in showing how enjoyable and exciting eating can be. The food and catering business is very profitable, and oozes the clients admiration and continued support. The catering business is not even advertised and the owner can barely kept up with the demand. This specialty deli also has an espresso bar, and custom makes gift baskets to order. Adding table service for the 30 seats that are already there will make this more of an upscale restaurant, not just a deli. With no competition, a reputation for quality and service second to none and growth of approx 20 - 25 per cent each year, and already ahead over 20% for 2008, this deli is a must have. The proximity to NJ Transit and local businesses in addition to the residential area will certainly keep the growth going.

Property information

Real Estate:

Lease

Lease terms:

Rent is $3000 per month with 60 months remaining and three options to renew.

Location:

The store is in a strip mall with many stores complimenting each other, and only 100 yards to NJ Transit.

Other information

Expansion potential:

Business can easily be increased by advertising, as none is done now. Adding cold cuts to the menu, adding pizza, and having table service to give this more of a restaurant look will greatly increase the bottom line. Catering is not advertised and has become a big part of the business. Adding delivery and advertising will also increase the sales.

Support & training:

30-60 days

Reasons for selling:

other interests

Financing available:

Financing possible-TBD

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)