Deli, buffet and catering restaurant for sale in Connecticut: $430K+ SDE

An independent deli, buffet and catering restaurant in Connecticut is for sale through BizDepot, with more than $1.1 million in annual sales and over $430,000 in seller-reported seller's discretionary earnings (SDE). The asking price is $699,000, and the seller will finance part of it for a qualified buyer.

Three points matter to a buyer. Revenue is spread across a daily hot and cold lunch buffet, weekly catering trays for events and corporate lunches, and made-to-order sales, with no customer carrying a material share. The lease runs well below market, and a new long-term lease is available.

And a cross-trained crew with several senior cooks runs daily service, so ownership covers prep and training rather than full shifts. Advertising is close to zero today, which leaves beer and wine, outdoor seating and catering as open levers. It suits a hands-on operator or chef.

The company name, exact location and full financials are shared in the full CIM, after the NDA and a conversation with the advisor.

Established independent deli and restaurant in Connecticut generating over $430,000 in seller-reported seller's discretionary earnings on more than $1.1 million in annual sales. The business is built around a daily hot and cold lunch buffet and a strong made-to-order catering line, with a lease well below market and a cross-trained kitchen crew that runs daily service.

The menu is continental, spanning Italian, Spanish and American dishes, anchored by a rotating buffet where customers build a plate from fresh proteins, pastas, salads and daily specials. Catering is a meaningful second line, producing trays every week for weddings, birthdays, corporate lunches and local events. Customers are local trades workers, nearby employers and repeat catering clients, with no single account carrying a material share of revenue. Much of the menu is made from scratch, and the kitchen operates seven days a week.

Key financial highlights

• Seller's discretionary earnings: over $430,000 (seller-reported)
• Annual revenue: more than $1.1 million
• Revenue spread across buffet, catering and made-to-order sales, with no customer concentration
• Occupancy cost well below market for comparable space in the area, a durable margin advantage
• Seller financing available for part of the purchase price

Operational overview

Daily service runs on a small, cross-trained kitchen team. Several senior staff members can each open, cook and run the shop, and they cover one another's days off, so there is no single indispensable employee. Ownership is on site part of the day for prep, training and supply runs rather than full shift coverage.

Customers ask for the business by name rather than for the owner personally, which supports a clean transfer of goodwill. The space includes a production kitchen with strong dry and cold storage plus a front of house seating area, and the commercial equipment package is included. The landlord is cooperative, and a new long-term lease is available to a qualified buyer, with several term lengths on the table.

Growth opportunities

• Add beer and wine service to lift dine-in traffic and evening volume
• Build out patio and outdoor seating for the warm-weather season
• Launch basic local marketing and promotions, which the business does almost none of today
• Expand the catering line, already high margin and reputation driven, and formalize repeat accounts
• Grow the underperforming pizza category alongside the core deli and buffet business

Reason for sale

Ownership is selling to give full attention to a separate food service venture. The business is not in decline and the sale is not driven by distress.

Ideal buyer profile

This suits a hands-on operator or chef who wants an established kitchen with an existing crew, a loyal daily lunch following and a low fixed-cost base to build on.

Confidentiality

This is a confidential sale. Employees, customers and vendors are not aware of ownership's intent to sell. The company name, exact location and detailed financials are shared only in the full CIM, after the NDA and a conversation with the advisor. Please do not contact the business, its staff or its landlord directly.

For the company name, the full financials and how the business runs, request the NDA below.