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Business For Sale
GREAT RESTAURANT/DELI/TAKE OUT/CATERING BUSINESS
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Asking Price: |
$775,000
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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Retiring |
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Year Established:
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1990 |
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# of Employees:
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5 Full Time / 5 Part Time |
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Yearly Revenues:
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$988,000 |
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Yearly Cash Flow:
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$263,100 |
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Yearly Net Profit:
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$214,700 |
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Yearly Gross Income:
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$691,600 |
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Monthly Payroll:
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$17,333 |
Business for Sale Overview:
Owners are ready to tour the world - now it is your turn to take over this highly rewarding food business!
This high traffic location offers the following to its new owner: prime 4,000 square feet location in busy shopping area; long lease with renewal options; only tenant in shopping center allowed to sell kosher products; 17 years at this location!
Property Features and Assets:
Prime Class A Shopping Center - includes lease that runs to 2017 with long option. $775,000 worth of equipment, quality furniture, inventory included in sale price. Kitchen & Dining Room in excellent condition.
Market Competition and Expansion:
No competition at this level. Double store could allow for separate or additional services. Growth possibilities are endless to tap into lunch delivery with many large corporations in the vicinity.
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.
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