Established Deli, Catering, and Prepared Foods Business in Affluent Rhode Island Neighborhood
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Financial Details
- Asking Price:
- $295,000
- Annual Revenue:
- $982,000
- Cash Flow / SDE:
- $257,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 1.1x
- Location:
- RI, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Established for over 50 years, this business is a very well-known and popular local favorite.
Owner is motivated, price has been reduced, and seller financing is available for qualified buyers.
Prime location on a busy street in a very high-end neighborhood with an extremely loyal customer base.
Description
This highly reputable, long-standing deli and prepared foods business has been a neighborhood favorite in an affluent Rhode Island community for over five decades. Offering a full range of services including takeout, indoor/outdoor seating, and catering for meats, sandwiches, and prepared meals, the business benefits from high visibility on a busy street and an exceptionally loyal, repeat customer base. The owner is motivated, has recently reduced the asking price, and is offering seller financing options for qualified buyers. Significant growth potential exists by expanding the menu and leveraging social media advertising beyond the current local market.
Industry Information
- Industry Description:
- This is a food service business specializing in deli items, prepared foods, meats, sandwiches, and catering services, operating in a high-end neighborhood.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1975
Real Estate & Lease
- Status:
- Unknown
Listing Details
- Listing ID:
- 128639fd-1d7a-4acd-82f2-2d5becfc21e3
- Deal Status:
- For Sale
- Date Posted:
- September 09, 2024
- Last Updated:
- November 05, 2025
- Currency:
- USD
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