Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
GERMAN DELI
|
Asking Price: |
$50,000
USD USA Dollars
|
|
Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
|
|
Reason for Selling:
|
Starting a Family |
|
Year Established:
|
1980 |
|
# of Employees:
|
2 & 1/2 |
|
Yearly Revenues:
|
$298,392 |
|
Yearly Cash Flow:
|
$29,290 |
|
Yearly EBITDA:
|
$22,000 |
|
Monthly Payroll:
|
$4,500 |
Business for Sale Overview:
German Deli with sandwiches and German Food & customer seating. Offers imported German meats, breads, cheeses, chocolates, and other popular items. Breakfast and lunch available with coffee and espresso drinks. Great visibility and signage and right on heavily trafficked Ralston Road. Neighboring businesses include Triangle Liquors, Viva Burrito, Ace Cash Express, Brakes Plus and many more. Safe way is to the rear of these businesses. 1,250 Square Feet fully equipped with ample parking and patio. 2007 Sales of $281,758 and Beneficial Income to Owner of $21,346. Rent is $1,633.36 per Month gross. The lease is now month to month due to the building’s inclusion in an Arvada Urban Renewal District. A web site is in development with menu and on line ordering. Utility Expense averages $750 per Month. Employees total 2 full time, 1 part time.
This German Deli has an excellent reputation and has been an Arvada landmark for 28 years. Sales increased for the past 6 years. The owner is starting a family, which is the motivation for this sale. Arvada Urban Renewal Authority has plans to redevelop in 2 years at the soonest. It is willing to negotiate a new 1 year lease at the same rate (or maybe even lower) and to go month to month beyond that time. The first phase of redevelopment is the south side of Ralston Road and the intention is to allow businesses to continue by relocating them as development progresses.
Additional Details:
- The property is leased.
- 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.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.