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Businesses For Sale   >>   Jacksonville Businesses For Sale   

Profitable Full Service Deli

Location  Jacksonville, North Carolina, United States
Asking Price Range  $250K - $500K
Gross Revenues  $600000
Net Profit / Cash Flow  $70000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1996
Number of Employees  6 - 9
Relocatable  Yes
Number of Employees  6 - 9
Real Estate  Leased
Training  The seller will provide 2 weeks training and transition. Terms for any additional consulting beyond this point would have to be determined separately.
Reason for Sale  After two decades in the business

Description  
Business Description: This authentic New York style restaurant has been serving breakfast, lunch, and dinner for over 10 years. All the classics can be found here, all featuring only the highest quality meats and cheeses '' imported'' from their NYC supplier. The restaurant is approximately 2,500 square feet, including a 2nd floor which offers amazing ocean views and is serviced by a food elevator. The large kitchen is clean and fully stocked with all the necessary equipment, all of which is well maintained and in good working order. There is also a private office complete with security monitors. There is a long term lease in place and available to the new owner. This opportunity is perfect for a buyer with restaurant experience who wants to build on the success of an established and successful business.. While sales have consistently hovered over $600k in recent years, there is still room to increase business through additional marketing and the expansion of the deli s catering services as there is little competition in the area. Detailed Information: Facilities: 2,500 square feet in a building less than 10 years old. 2 floors with additional seating outside. Excellent lease terms. Competition: Very unique offering for the area which limits direct competition. Strong but seasonal market with a huge influx of new ''residents'' each summer. Growth/Expansion: Multiple opportunities to grow the business through a combination of additional marketing as well as increased delivery and catering. A major project is slated to begin soon which should bring increased traffic to the business. The project itself will keep a large number of workers in the area that will need to eat. Call Sean 910.367.5229


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