Business for Sale Overview:
Profitable suburban Deli with highly visible site and below market lease rate on the North Shore. Step into this established and turnkey opportunity with proven location. The current Cash Flow is approximately $95,000 per year. This is run by an absentee owner which offers a great opportunity for an Owner/Operator to build on a strong existing business.
Sales: Approximately $453,000
Cash Flow: Approximately $95,000 (run with absentee owner)
Price: $165,000.
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.
Property Features and Assets:
This is a storefront facility with excellent visibility and high traffic counts. The space is approximately 800 square feet with an 800 square foot basement which contains an office and storage. The space has 10 seats and a functional layout.
Condition: The building and restaurant are in good condition.
Parking: On street parking
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: Five (5) year lease with two Five (5) year option.
Base Rent: $1,800 per month
Concept: Deli & Catering Facility
Seating: Approximately 10 seats
Hours: 7:00AM – 7:00PM (Closed on Sundays).
Reason for Selling:
Owner has multiple restaurants
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.