Well Equipped and Centrally Located Deli

Not Disclosed, VA
Virginia Beach City County

Asking Price: Annual Revenue:
$165,000 $377,889

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well Equipped and Centrally Located Deli Broker: Frank Chebalo

Quick Facts

Asking Price: $165,000
Annual Revenue: $377,889
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 14
BBN Listing #: 69544955
Broker Reference #: 2007-16081

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Business Overview:

This well established brand is offering a grand opportunity to acquire one of their locations and retain the Brand. There is adequate separation between the locations to be able to work cooperatively in this opportunity and enhance the current growth trend. Alternatively, the Brand name can be separated out and the location may be re-branded. In either event this opportunity offers up a great established location with picture perfect exposure on a primary roadway in a major city in Hampton Roads. A spacious, warm, and inviting interior provides adequate seating easily accommodating the current distancing requirements. And the design for the food preparation area, pick up area, and service area is well designed for today’s requirements and well into the future. All of the fixtures and kitchen equipment are new for all practical purposes, and therefore in excellent condition. The lease is competitive and well positioned for the future, amply accommodating this 3,000 square foot facility. The Owner is very versed in the industry and will readily agree to a cooperative agreement as well as provide training and transition assistance depending on the interests of the Buyer.

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Property Features and Assets:

The Deli spans 3,000 square feet, and features a new build out, new fixtures, along with new kitchen equipment. The lease is fixed at $4,811 for the next two years, and over three years remain on the first 5 year term. A five year option is currently in place following the first five year term. Assets= $100,000

Reason for Selling:


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.

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