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Family Deli with a Strong Brand and Location

  • Listing# : 16438
  • Listed Price : $249,500
  • Total Sales : $564,413
  • SIC : 5812
  • Down Payment : $249,500
  • Status : Active
  • Discretionary Earnings : N/A

Business Type :

Food Business Retail / Food Deli Take Out

Business Description :

Operating over three years this deli has an established presence and strong brand. The menu is as robust as anyone can ask for offering something for everyone from salads to subs, pizza to specialty sandwiches, and an entire array of burgers with tantalizing appetizers to kick off a great meal. This location is pacing to hit $600,000 in gross revenue continuing a nice upward growth trajectory. Surely no surprise, the reviews are through the roof positive achieving above a 4.5 rating. The business has a strong customer base and regular repeat business. In addition the business supplies catering orders for area businesses and associations. Clearly the business is embedded in the fabric of the local area it serves, and the owner is on a first name basis with clients and customers. Its a friendly, warm, and inviting location where friends and families gather on a regular basis to enjoy a great meal and social time together. And for those days when your on the run the facility can easily accommodate a quick pick up and go.

Unique to this opportunity is the fact that this location is one of two offered for sale. The business may be purchased as a stand alone location, or if desired the Seller will readily discuss the option of acquiring both locations as a package deal. There is adequate separation between the locations to be able to work cooperatively and continue the current upward growth trend.

This location has an strong and dedicated staff. Two Managers are in place with four full time employees and five part time individuals. The lease is competitive and well positioned for the future, fixed at $4,800 through the end of this lease and through the next five year option.  The Owner is very versed in the industry and will readily agree to a cooperative agreement to take over one of his locations as well as provide training and transition assistance depending on the interests of the Buyer.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $10,000
    • Incl : Yes
    • Liabilities $70,111
    • Incl : No
    • FF&E $85,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $10,000
    • Incl : Yes
    • Total Assets $105,000
    • Incl : Yes

Lender Prequalified: No

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Food Business Retail