Business for Sale Overview:
Located on the famous Sunset Strip, with traffic counts of approximately 100,000 cars a day, on the North Side and best side of the Sunset Strip located in the Hollywood, West Hollywood area, this deli has had increasing gross revenues and profits since opening in 2009. Business is booming in this 1,100 square foot location with a significantly undervalued lease and great terms. The rent is $4,000 a month including CAM charges with a five year lease and five year option. With rents in the area up to $7.00 a square foot, the rent in this location is only $3.40 a square foot.
The business to date has been built on word of mouth. This is a real opportunity for a new owner to take advantage of the lack of marketing, catering and delivery. Currently there is a real pride of ownership which is reflected in the food quality and excellent service.
The new owner will be taking over a growing business with an impressive reputation in the community developed over a short time. The dynamics of a successful business are in place with increasing revenues and profits, an incredible location and an undervalued lease.
For more information, please contact Adam Gilman at 310-539-8300.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Other Interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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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