Long Time Deli/Bakery- Very Profitable!
Not Disclosed, NJ Bergen County
Northern New Jersey
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- RE: Long Time Deli/Bakery- Very Profitable!
- Contact: Daz Connell
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | $1,634,253 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $226,713 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $255,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1978 | |
| Employees: | 10 | |
| BBN Listing #: | 981055 | |
| Broker Reference #: | 3402-18652 |
Business Overview:
The business does all it's own baking of award winning desserts on premise.
They are also well known for their lunch menu and prepared foods that always bring in a loyal following. The business also does catering for both large and small gatherings.
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Property Features and Assets:
The business location is in a busy shopping center with lots of visibility and daily foot traffic.
The center is busy 7 days a week so consistent customer base. The store is nearly 5,000 square feet and fully outfitted with equipment to store, prepare, and display all it's own food onsite.
Assets - $295,000
Market Competition and Expansion:
The business is located in one of the most competitive counties in the US and they have been successful for over 45 years.
Tremendous potential for growth with marketing. Can easily expand on the catering department.
Additionally, the business has a pizza oven and this offering can be added to the menu.
Reason for Selling:
Owner is ready to sell after 46 successful years in business.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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