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Deli with Seating for Sale in Southern Connecticut

Reference #: 05221611
Location: Southern Connecticut
Price: $160,000
Amount Down: $160,000
Revenues: $285,000
Discretionary Earnings: $85,000
Total Assets: $45,000
Business Description: Business is an attractive deli with seating for 24 located in an upscale town. Facility is about 1,400 sq.ft. with a relatively small kitchen consisting of a six-burner range, reach-in freezer, walk-in refrigerator, slicing machine, panini machine.etc. but no fryolator. About 60% of space is reserved for seating, all tables, no service counter. Business has been in existence for many years and while some competition exists the charming physical setting no doubt contributes to its success. Sales have run in the $300,000 range in recent years and owner income runs in the $80,000 to $90,000 range after expenses. Business will be of interest to a husband/wife team working together in a safe, pleasant setting with reasonable hours and an additional opportunity to expand operations in the catering area.

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.