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- RE: Deli/Catering -Artisan Breads, Sandwiches & Salads
- Contact: Jack Greenawalt
Quick Facts
Asking Price: | $89,900 | |
Annual Revenue: | $309,440 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $65,663 | |
Total Debt: | Not Disclosed | |
FF&E: | $13,800 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 4 | |
BBN Listing #: | 980903 | |
Broker Reference #: | 2602-18649 |
Business Overview:
This Deli & Catering business specializes in freshly baked Artisan breads arriving daily from Philadelphia. They offer made-to-order sandwiches, including wraps, deli subs and breakfast sandwiches along with a variety of freshly chopped salads. It is located in a very high traffic iconic West Shore Farmers Market in South Central Pennsylvania. Its location within the Market places it at the heart of a vibrant community hub, attracting regular patrons from the immediate area as well as surrounding communities. Most of its retail customers are people who routinely frequent the Farmers’ Market on a weekly basis. The Market is open to the public on Tuesdays, Fridays, and Saturdays.
The catering division of the business is designed to accommodate a range of events, from intimate gatherings to large celebrations,serving groups of as few as 5 up to 200 people. With experience catering everything from corporate events to private parties, this deli offers flexible menu options that can be tailored to the client. This business under its current name was started by the current owners in 2017. They purchased the business from three sisters who operated it as a deli. The business was expanded and rebranded when the current owners took it over. It was a very successful rebranding effort, and the business has been growing each year since the rebranding.
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Property Features and Assets:
The Farmers’ Market this business is in has been in existence since 1950 and is strongly supported by the Greater Harrisburg Area. It is in Lemoyne, PA which borders Harrisburg. Within the Market, the business is in a very good location. The space the business operates in is approximately 320 square feet and the monthly rent is set at $1123 plus $75 for electric. Trash and sewer are included in the rent. After one year, the lease within the market typically goes on a month-to-month basis.
Assets = $13,800
Market Competition and Expansion:
Although there is plenty of competition, the market limits product offerings within the lease of each vendor at the Farmers’ Market. The Market Street Deli is the only business in the market selling Artisan bread and rolls with an extraordinary variety to choose from. Of course, using the bread and rolls to make their made to order sandwiches separates them from other businesses in the Market.
Increase the catering part of the business
Increase the wholesale accounts that would offer The Market Street Deli’s bread, rolls,sandwiches, and salads to their customers. Contacting local coffee shops,smoothie and ice cream shops, etc. to expand the business.
Add new products
Reason for Selling:
The owner is making a career change.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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