Profitable Suburban Deli With Proven Location
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $453000
Net Profit / Cash Flow $95000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1995
Number of Employees 4 - 5
Inventory 75000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Training will be provided.
Reason for Sale Owner has multiple restaurants and is spread to thin.
Description Profitable suburban Deli for sale with highly visible site and below market lease rate on the North Shore. Step into this established and turnkey opportunity with proven location. The current Cash Flow is approximately $95,000 per year. This is run by an absentee owner which offers a great opportunity for an Owner/Operator to build on a strong existing business.
FACILITY: This is a storefront facility with excellent visibility and high traffic counts. The space is approximately 800 square feet with an 800 square foot basement which contains an office and storage. The space has 10 seats and a functional layout.
CONDITION: The building and restaurant are in good condition.
PARKING: On street parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with two Five (5) year option.
BASE RENT: $1,800 per month
CONCEPT: Deli & Catering Facility
SEATING: Approximately 10 seats
HOURS: 7:00AM - 7:00PM (Closed on Sundays)
LICENSES: Common Victual's
SALES: Approximately $453,000
CASH FLOW: Approximately $95,000 (run with absentee owner)
PRICE: $165,000
Click Here To Contact Seller
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