In the same ownership for 4 decades and constantly busy while only open 7am-3pm Monday to Friday. This 'Quick Service Restaurant' Deli concept allows for ease of operation offering, Soups, Salads & Sandwiches in an amazingly busy location. The Block is full of restaurants and bars and there is a constant flow of foot traffic. There is so much future scope to increase business by opening in the early evenings and weekends. Good books and records with verifiable financials, consistent earnings, stable revenues and provable cash-flow. The owner is retiring leaving all the staff in place. The constant foot traffic and steady customer flow equates to $0 in advertising and marketing. 2,200 sq ft with seating for 40 and a steady flow and line for 'To Go' meals. The kitchen is simple with ample work surface, walk-in cold room, 6 burner stove and oven, convection oven and various small equipment including a meat slicer. This is an historic Deli, well known in the immediate area and enjoys many many years of continued success. $125,000 is the asking price. Please complete the 'Non Disclosure Agreement' on our site and we'll send you the name and address with the full financial information, lease & list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1971
  • Current Owner1989
  • Employees6
  • Reason For SaleRetirement

Facilities

  • Seating74
  • Square Feet2169
  • ParkingStreet
  • LicensesHealth and Business
  • Open HoursMonday - Friday 10:30 a.m. - 4 p.m.

Lease

  • Rent$4,800
  • ExpirationNew Lease
  • Yearly IncreaseTBD
  • OptionNew Lease
  • Deposit$4,800

Financials

  • Monthly Revenue$32,000
  • Monthly Cash Flow$8,247
  • Annual Revenue$385,000
  • Annual Cash Flow$98,965
  • Payroll$$7,750

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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