Deli with self-service salad bar open for breakfast and lunch, M-F, 7 a.m. - 3 p.m. It is currently operated by a large chain that is well known in the Bay Area (however, name and menu are not included in sale). The deli is located in an office park with more than 11 office buildings nearby, including Stanford, Lucille Packard, eTrade, and others. Although there is a great opportunity for catering business in this location, the current owners have not capitalized on the full extent of this opportunity. The current owner is absentee, and a new owner/operator could leverage additional possibilities for growth. In addition to the listed square footage, there is additional outdoor, common area sitting. The public restrooms are managed by the building. The lease is very favorable to the tenant and the rent is low. Seller would consider owner financing. The kitchen is equipped with 20' type 1 hood, 2 wok station, 2 fryer, grill, 6 burner stove with oven, 2 door under counter refrigerator with prep station, walk in refrigerator, soup station, slicer, toaster, 3 door reach in refrigerator, 2 door reach in freezer, prep sink, 3 compartment sink. The bathroom is managed by the building.

General Info

  • OrganizationContact For Info
  • Established2013
  • Current Owner2013
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet2247
  • ParkingParking Lot
  • LicensesHealth and Business
  • Open HoursMonday - Friday 7am - 3pm

Lease

  • Rent$2,605
  • Expiration2023
  • Yearly IncreaseFixed Increases
  • Option5 Year Option
  • Deposit2932

Financials

  • Monthly Revenue$39,873
  • Monthly Cash FlowContact For Info
  • Annual Revenue$478,484
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • 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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