Listing ID: 33223
Empire Business Management has been retained to facilitate the sale of this landmark deli location that has been around over 100 years. This is a very popular deli with a steady, loyal base of regular customers. This area is seeing a ton of population growth, as well as great property appreciation. This a great opportunity for an experienced operator to own their own property in a booming market and run a high cash flowing business.
– Deli $799K & Property Price $599K
– Rent paid to himself/ Owner $5,500 a mo.
– 1,800 SQ FT free-standing building
– Well established deli since the 1920’s in a hot location close to beaches, schools, and other huge corporations that bring in tons of business.
– Sells breakfast, lunch, heroes, sandwiches, signature wraps, salads, and desserts
– Located on a high traffic road with great visibility and parking spaces in front of store for customers
– Easily does $30,000 a week, sales should increase even more this year with an increase of prices coming soon
– Has lots of storage in the back of the store for beer and sodas, as well as a large walk in box for food
– They have a heavy catering business that brings in $150K in sales
– The roof was recently renovated about 3 years ago
– Operational hours Monday 5am-7pm – Sunday 6am-6pm
– Owner is willing to finance with $1,000,000 down, buyer must personally guarantee the loan with personal property.
**SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR EXACT LOCATION**
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at firstname.lastname@example.org. Our buyers are already qualified and willing to invest their time and money towards a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
Seller Financing Available
- Asking Price: $1,399,999
- Cash Flow: $425,000
- Gross Revenue: $1,600,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: 100
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:1,800
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Landmark location on a high traffic road, has been here over 100 years.