Good opportunity with only $99k downpayment to own a deli cafe' in a busy downtown location. Seller will finance balance of $50k for qualified operator. A new buyer can either be part of a growing bay area chain, Erik's' Deli with 30 locations or do your own thing by renaming the place and keeping and expanding the menu.. Open 5 days only. Monday through Friday. Bizzy lunches!! Short hours ... 7am to 4pm. Great foot traffic. Perfect for the family operator who wants to own their own place with evenings and weekends free. Just opened late August 2017. Savvy operator with social media marketing and catering experience could explode sales. Trendy downtown location. !!!! Long lease !!!! -5 years plus 7 year option. Top of the line kitchen equipment with fire suppression Hood. Detailed equipment list available upon request. 4083 square feet. 75 seats inside and 20 outside patio.seating. Bizzy quick service breakfast and lunches. Must see. Asking price $149k all cash includes ABC liquor license.. $50k owner financing for qualified buyer. with only 99k down. Excludes ABC license if financed. For more information including name, address etc kindly fill out our non-disclosure agreement. For your convenience a link is located at the top of the page. Thank you.

General Info

  • OrganizationContact For Info
  • Established2017
  • Current Owner2017
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating75
  • Square Feet4083
  • ParkingStreet parking and garage
  • LicensesBusiness-Health
  • Open Hours7am to 4pm mon-fri, closed saturday/sunday

Lease

  • Rent5% of sales + nnn + 2.5% franchise fee
  • Expiration2023
  • Yearly IncreaseContact For Info
  • OptionOne (7) year option
  • Deposit10,000

Financials

  • Monthly Revenue$34,200
  • Monthly Cash FlowContact for Info
  • Annual Revenue$410,400
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down Payment$100000
  • Note Balance$50000
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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