Here is your chance to own and operate a successful 2,300 square foot Delicatessen with it's own Food Truck located right on the off ramp of I-5 in Redding California. After 21 years the owner wishes to retire and pass the many years of goodwill, equipment, catering contracts, established food truck routes and lease onto new energetic owners wanting to run and grow their own business. 2018, sales were $449,976 including the truck around $80,000. Cash flow was $56,837 for the year. The Food Truck has many fixed site contracts 4 days per week plus caters many sort after private events. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Food Truck has the ability to substantially grow the business with catering and the many event opportunities in the area. Subarama has been a Redding's favorite for many years mainly because of the excellent quality of their food. There is a large attractive open service kitchen area displaying an array of freshly baked breads, sliced meats, salads, desserts and sumptuous soups. The equipment is all modern and includes, refrigerated prep and display fridges, ovens, microwaves, Ice machine, 2 large glass cake display cases, 2 and 3 door refrigerated worktops, steam tables and many stainless steel worktops. The dining room area has a light airy feel displaying the illuminated menu boards. There is ample dry storage and a well positioned office with ample rear storage and food truck hook up. The Deli is located right on the main freeway with a large, illuminated 25 ft monument sign and surrounded by many tenants who are also regular customers.This is an easy operation which would suit any buyer wanting to get into the food business for this relatively small investment. Owner may carry up to 50% of the asking price to well qualified buyers with strong financials, good credit and management experience in the foodservice industry Please complete the 'Non Disclosure Agreement' on our site and we will send you the financial information, lease & the full 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 and set up a behind the scenes walk through of the business

General Info

  • OrganizationInc
  • Established1994
  • Current Owner1997
  • Employees10
  • Reason For SaleRetirement

Facilities

  • Seating40
  • Square Feet2300
  • ParkingParking Lot
  • LicensesHealth and Business Licenses
  • Open Hours7am - 7pm Mon - Fri 7am - 8pm Fri & Sat

Lease

  • Rent$2,150
  • Expiration2021
  • Yearly Increase3%
  • OptionNegotiable
  • Deposit2150

Financials

  • Monthly Revenue$37,498
  • Monthly Cash Flow$3,250
  • Annual Revenue$449,976
  • Annual Cash Flow$56,837
  • Payroll$$8,887

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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