Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$99000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Health issues.
Year Established:	2000
# of Employees:	7
Yearly Revenues:	$349000
Yearly Cash Flow:	$52000
Yearly EBITDA:	$52000
Yearly Net Profit:	$52000
Yearly Gross Income:	$349000

Business for Sale Overview:

This profitable business is located in a Class A Office Building in the heart of downtown Cincinnati. Current owner has major health issues that are forcing him to sell this business for only $99,000. Seller income is $52,000 annually so a buyer can make his money back in less than 2 years. There are 3500 tenants in his building alone! He can seat 91 customers in his 2700 square foot space. In addition, there are 50,000 people who live or work within one square block of this deli. The new downtown skyscraper is being built close by. They have many weekly catering clients who depend on them for client meetings and special occasions. This is a Monday to Friday business at present operating from 8 am to 3 pm daily. Owner has gone to extremes to make sure that this is a Class A operation in both appearance, cleanliness, and operations. This is not your average deli. The company’s focus has been to offer the best hot subs, fresh made gourmet sandwiches, panini, salads, wraps, kids meals, soups, beverages, and desserts. The owner feels that getting a beer and wine license along with opening on the weekends and marketing to more businesses could easily drive sales to the $1 million dollar mark. Downtowners do spend more money on food as the average ticket price exceeds $10.

Property Features and Assets:

The deli is located in a 2,700 square foot space that seats 91. The equipment and assets are in great shape. The building the deli is located in is a Class A Building in the heart of downtown Cincinnati.

Market Competition and Expansion:

Downtown patrons are always looking for a quick, good, and inexpensive place to eat lunch. Companies are looking for ways to have meetings in their offices. The business will serve both purposes.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not 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.