Seller's Contact Information

  • RE:  Deli Selling A Little Bit Of Everything…
  • Contact:  C. J. (Charlie) Vlahos
  • License #: 420

Quick Facts

Asking Price: $129,900
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $129,750
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 4
BBN Listing #: 73522770
Broker Reference #: 420

Email or Print Listing

Business Overview:

This Deli has been here for /- 16 years. The present Owner bought the Deli at the end of 2018 (4 years). It is run as a family business with 4 family members and 1 part-timer. The menu is huge. It has …” a little bit of everything…” This Deli is known for the many choices its customers have for breakfast, lunch, and early dinner. They follow the 3 principles of a great food establishment, religiously: Good Food, Good Prices, and Good Service (the 3 G’s).


Huge Price Reduction...
The Deli has indoor seating with 4 tables (8 seats), and outdoor seating with 5 tables (20 seats). Sales this year are expected to be over $700,000 ($13,450/week)! They serve breakfast, lunch, and early dinner. You can eat inside or outside. They also deliver via the delivery services and they do catering.

Since opening the store they have been adding new customers every year. The covid years were a little bumpy but still showed a year over year increase in sales. In 2021 sales increased 31.8% over the prior year and 2022 looks like a 38.2% increase will be obtained. ($700,000). This is $13,500 per week.

Adjusted sales in 2019, 2020 & 2021 were: $334,328, 384,212, $506,409 and 2022’s pro-forma is estimated to be /- $700,000
Cash Flows (Sellers Discretionary Earnings) for 2022 is estimated to be /- $129,749.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Being on Route 7, the neighbors are mostly commercial. As a matter of fact you can walk to over 70 retail stores including Costco, and over 100 offices including Brookfield Commons, and several medical offices. Next door there is even a condominium complex. Within 1 mile there are over 538 businesses with more than 5,250 employees and a residential population of 2,900 people and 873 housing units (more demographic info will be in our executive summary which we will send you after you fill out the Confidentiality Agreement & Questionnaire). The current Owner and family will stay working for the Buyer up to 4 weeks while a new crew is hired and trained (assuming wages are agreeable). The Buyer might be able to work at the Deli before the closing. What you can do to expand this business: open more days and hours. Advertise & promote the business. Start a direct mail campaign and get involved with social media.

Market Competition and Expansion:

The lease’s current term has 4.3 years remaining plus a 5-year option. Total 9.3 years. The current base rent is $1,930/month ($23,160/year) or $19.30 per square feet. The nets are CAM, RE Taxes, and Miscellaneous Expenses at $729/month ($8,743/year) or $7.29 per square feet. Total current rent is $2,659/month ($31,908/year) or $26.59 per square feet. Using the $700,000 proforma, rent is only 4.5% of sales. That’s pretty good! All equipment is included in the asking price. When your signed Confidentiality Agreement & Questionnaire is received you will be sent a complete list of the equipment included in the sale. All equipment will be in working order. Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, attached) or the location disclosed. Detailed financial information showing the ability to purchase and proof of funds may be required before a meeting or conference call is scheduled.

Reason for Selling:

Moving out of country.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

Here are some of the similar listings you can choose from

Featured Listing
Asking Price: $350,000

Dollar Store In Nassau County (#22623)

Not Disclosed, NY
Nassau County

This is a fantastic opportunity to acquire a well-established family discount store located in a bustling shopping center in Nassau County. With over 40 years of successful operation, this store has become a staple in the community, offering a wide variety of products at unbeatable prices. The store currently holds over $500k in inventory, offering a diverse range of products to cater to a wide customer base. The inventory includes everything from household goods to clothing, toys, and more, ensuring there's something for everyone. This business is ideal for an owner/operator looking to step into a turnkey operation or for a business owner seeking to expand their portfolio with an additional location. With its established customer base and strong community reputation, this store offers a solid foundation for continued growth. The current owner, looking to retire, is committed to ensuring a smooth transition for the new owner. They are willing to stay on for a period to provide training and support, ensuring the continued success of the business. Don't miss out on this great opportunity to own a thriving family discount store in Nassau County. With its extensive inventory, reasonable rent, and established reputation, this business offers a fantastic return on investment for any ambitious entrepreneur.

Read More
Cash Flow $134,000
Revenue $1,084,000
$ Owner Financing Available

Asking Price: $120,000

99 CENTS STYLE RETAIL STORE - INCLUDING INVENTORY

Not Disclosed, CA
Los angeles County

Listing # - 5403 DZ In light of a family decision to relocate, the current owner presents a unique opportunity to acquire a cherished local convenience store, transitioning this 99-cent-style gem into a promising venture for an enthusiastic new proprietor. This store is meticulously organized across seven aisles, each extending about 100 feet and featuring products artfully arranged on shelves lining both sides. Occupying a spacious 5,500 square feet, the premises also encompass a 2,500 square foot storage area on the second floor. The store presently showcases approximately 1,000 SKUs, offering various items from school supplies and snacks to drinks and tools. The current owner advises that there is significant potential to expand the variety of products, particularly within the food and beverage segment (notably, eggs are already a part of the inventory), aiming to boost sales and appeal to a wider audience. Additionally, a strategic investment in marketing, especially targeting local schools and neighborhoods, is recommended to further increase revenue. The introduction of U-Haul rental services is also suggested as a viable option, supported by the availability of ample parking spaces. Financially, the store sees a regular inventory restocking cost of around $17,000 monthly, with in-store sales averaging $33,000.

Read More
Cash Flow $98,000
Revenue $450,000

Asking Price: $99,500

Great Cash Flow - Gift & Souvenir in Downtown

Las Vegas, NV
Clark County

This turnkey gift and souvenir store is a fantastic opportunity for entrepreneurs seeking a profitable venture. Situated within walking distance of Las Vegas' Downtown Fremont Street Tourist Corridor, the store benefits from high foot traffic and a vibrant atmosphere. The owner-operator can potentially earn between $10,000 to $12,000 per month, creating a lucrative income stream per the seller. With low overhead costs, including affordable rent and minimal expenses, the business generates exceptional cash flow and ensures a healthy bottom line. The inventory, valued at approximately $30,000, is not included in the asking price but must be purchased alongside the business. This ensures that the store is fully stocked with a wide range of appealing gift and souvenir items. The prime location and the continuous influx of tourists to the area present significant growth opportunities. By implementing strategic marketing initiatives and offering attractive products, the customer base can be expanded, leading to increased sales and profitability. Don’t miss out on this prime location and the potential for business expansion. For more information and a quick response, please contact the Listing Business Broker. For a quick response to your inquiry, please contact listing agent Ciro 'Vic' Coppola (RE# BS.0146004 Business Broker Permit# using reply to this ad button.

Read More
Cash Flow Not Disclosed
Revenue $330,053

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.