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Business For Sale
UPSCALE DELI AND RESTAURANT LIQUOR AND WINE SHOP
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Asking Price: |
$995,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Out of my league. |
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Year Established:
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2008 |
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# of Employees:
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6-9 |
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Monthly Payroll:
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$7,500 |
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Total Debt:
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$180,000 |
Business for Sale Overview:
Professionally designed and managed, this is a wonderful opportunity for someone loving the culinary arts to live their dream. A successful east cosat style deli with New York , New Orleans and Philadelphia influenced sandwiches, and an excellent wine selection is one business, a restaurant featuring artful dishes with wine pairings is the second business in the same building. In a smaller town just 1 1/2 hours from Las Vegas. Population just right, 40,000 and growing. High-end equipment, extraordinary decor and furnishings. The building is included and features granite sinks in the restrooms and high end travertine and marble flooring in the restaurant, chandelier, fireplace etc. An exceptionally well designed business, created in 2007-2008, you must see for yourself. Many come here because of great values on homes and land, beautiful views and a nice customer base. A commercial city lot across the alley included with this package.
Property Features and Assets:
The building underwent a major half million dollar retrofit with all new electric, gas, water, plumbing, A/C units (3), etc etc, every inch was redone right to the outer walls, insulated and new sheet rock applied. A real honey of a property. $300,000 in brand new restaurant equipment. If you know this industry, you will be impressed with the equipment chosen. City inspector came and said we have the nicest kitchen in town. Health department hugged our double stacking convection oven! No smoke and mirrors here. Bring any expert to inspect the retrofit and equipment of this business. Two current liquor licenses, retail and full liquor. Professional graphics and business image facilitate the franchising of the concept. Vanity labeled candy bars and other snacks here week of 7/28.
I am a tradesman who sold his rental properties to put this together and discovered that I'm not cut out for this industry. Hoping to get a large part of my investment back. I have an executive chef on staff for reasonable pay. He can stay or leave. Nice young man, married, ex-military, self disciplined and honest. Runs a wise and tight ship. Your call.
Market Competition and Expansion:
We are considered among the top three best acts in town. There are options to expand but this is now a sort of "micro" business, one that is about quality presentation and creative cuisine, not about being a food factory. This is someone's dream who loves fine food and presentation. Right now it is open and operating however outdoor dining is the next possibility, small space available for this. Also the lot across the alley would make a nice site for a banquet facility, catering, weddings, receptions etc. Second floor could be shops or offices. Low taxes here. The hard work has been done, this is turn key. Come and check it out for yourself. A web site is already up for both businesses. Many allied health professionals in this town with one hospital and second on the way.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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