Listing Number: 189597-232148
Description
Very successful Glatt Kosher deli and catering business with an outstanding reputation built over the last 24 years. The business generates $1.3M in total sales with over $300K in profit. The catering portion of the business is very lucrative as they are well known in the community and have many repeat customers for weddings, Bar Mitzvahs and corporate events. The restaurant is located in an upscale neighborhood and has a below market lease. The owner will finance up to 50% for qualified buyers and the price includes $50K in catering equipment.
Listing Details
- Price: $ 399,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 303,753
- Total Sales: $ 1,336,556
- Location: Middlesex County, New Jersey
- Inventory: $ 10,000
- FF&E: $ 50,000
- Employees: 9
- Year Established: 2000
- Reason for Selling: Retirement
- Category: Food Business Retail
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