By: Elaine VonCannon, ABR, SRES, REALTOR, NOTARY, PROPERTY MANAGER, TEAM LEADER, AWARD WINNER, RE/MAX Hall of Fame

This famous and beloved Deli is a respected Williamsburg full service catering in dine in restaurant that has earned the reputation as serving some of the finest foods in the area. Their catering operation, which constitutes approximately 40%  of its annual revenues can handle a company luncheon to a the most lavish wedding reception with several hundred guests in attendance. 

Every dish served at this deli contains only the freshest and finest foods, ensuring unparallel quality. The overstuffed, fresh Deli Sandwiches are made to order using the best Boar`s Head Brand ingredients. The Deli also offers salads, soups, pastas, quiches and Ready to Eat Meals.

FINANCIALS: The Deli currently grosses annually approximately $850,000 in total revenues which constitutes both outside catering and inside restaurant  dining and to go orders. They currently have salaries of approx: $75,000 per year excluding the owner. The utilities approximate $500 per month and they have  a 3 year lease at their present location at $3600 per month.

They currently operate 6 days per week and the current owner will consider staying on for a period of time for the new owner as well as the staff can remain.

A dedicated owner can expect to earn a 30% plus gross margin or more depending on hours and the mix of business between catering and  restaurant sales.

OFFERED AT:      Owner financing for a qualified individual is possible. The price for this operation, including all equipment and supplies, is  $495,000.

Elaine is a published author on real estate both commercial, residential and property management.  Her articles are on her web sites for you to read and enjoy.

Visit my web sites to view other listings at www.voncannonrealestate.com www.elainesrealestateinvirginia and www.estatesinvirginia.com You will also find articles and more information on homes, the Virginia real estate market and my team.