Listing ID: 13487

Business Overview

Longstanding restaurant and deli on a major throughfare. Street parking is accessible to customers. Restaurant is walking distance from a residential neighborhood and sits alongside many businesses. Inside features seating for up to 50 guests and a deli counter. Equipment includes two walk-in boxes and a full kitchen. Customers can choose from dine-in, take-out, delivery, and catering services. Menu offers an array of classic deli foods and kosher options with a high profit margin on items. Building contains 2,800 SQ FT with a full basement on a 14-year lease. Restaurant has been serving the community for over 50 years. Massive catering business during the holidays and not currently licensed for beer or wine. Restaurant has low online presence. Lots of opportunities for new owner to quickly increase sales and expand this business.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $229,000
  • Cash Flow: $175,000
  • Gross Revenue: $1,050,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1972

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Longstanding restaurant and deli on a major throughfare. Street parking is accessible to customers. Restaurant is walking distance from a residential neighborhood and sits alongside many businesses.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Inside features seating for up to 50 guests and a deli counter. Equipment includes two walk-in boxes and a full kitchen. Customers can choose from dine-in, take-out, delivery, and catering services.

Opportunities and Growth:

Massive catering business during the holidays and not currently licensed for beer or wine. Restaurant has low online presence.