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

Features & Tags

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