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Asking Price:	$299,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Owner is pregnant and needs to sell business.
Year Established:	2007
# of Employees:	10
Yearly Revenues:	$600,000
Yearly Cash Flow:	$112,000

Business for Sale Overview:

This traditional New York Style Deli and Bakery. It is a prime downtown location in a major office building on a high visibility corner location. Sandwich and bakery products constitute the majority of the business; but a taco/burrito bar set up for lunch provides alternative fare for regular lunch customers. This is an independently owned operation with very limited hours - a lot of room for growth.

Property Features and Assets:

The facility is a 6,000 square feet facility in a prime downtown, high visibility location with a long term lease that is assumable. Lease rate is $6,600 per month currently and includes building parking. This is a fully equipped restaurant/deli with bakery equipment as needed, no additional equipment is needed unless the concept is changed or expanded.

Market Competition and Expansion:

Little or no advertising – high visibility location. Significant opportunity exists to expand hours or cater to office parties etc. Current owner began the process to obtain a liquor license which would be appropriate for an ideal “happy hour” location. Customer base is typically professional downtown lunch and limited breakfast menu crowd. Office parties and office catering provides additional income but it is not marketed heavily.

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.