Top-Notch Family-Owned Delicatessen Downtown Mpls

Not Disclosed, MN


Asking Price: Annual Revenue:
$340,000 $957,754

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Top-Notch Family-Owned Delicatessen Downtown Mpls Broker: Duane Johnson or Chris Lappen

Quick Facts

Asking Price: $340,000
Annual Revenue: $957,754
Net Profit: Not Disclosed
Cash Flow: $101,879
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: Not Disclosed
BBN Listing #: 612028483
Broker Reference #: 11416 DJ CL

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Business Overview:

Award-winning, multi-generational family delicatessen located in a prime downtown location for sale. The business is consistently profitable year over year. Limited hours (M-F 10:30am to 1:30pm) , low overhead, and profitable food items make this a very successful venture. They offer dine-in, to-go orders, delivery/online ordering (ubereats, doordash, etc,) and a large volume of catering. Rent is CAM plus 5% of monthly sales. Annual revenues consistently between $900K-$1MM with an owner’s adjusted net income of $100K+. Priced attractively at $340K. For more information, please contact Duane Johnson or Christopher Lappen.

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Reason for Selling:

Retiring

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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