Business For Sale

Long Established Large Profitable Delicatessen

Redding, CA
Shasta County


Asking Price: Annual Revenue:
$145,000 $430,752

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Long Established Large Profitable Delicatessen Broker: Steve Zimmerman

Quick Facts

Asking Price: $145,000
Annual Revenue: $430,752
Net Profit: Not Disclosed
Cash Flow: $39,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 694511533
Broker Reference #: 2923

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Business Overview:

Long Established Large Profitable Delicatessen Which Includes A Food Truck, Located Right Off I-5

RRC#: 2923
Asking Price: $145,000
Location: Redding, Shasta County, California
Yearly Revenue: $430,752
Yearly Cash Flow: $39,000
Monthly Rent: $2,150

LISTING DESCRIPTION:
2,300 square foot Delicatessen with it''s own Food Truck located right on the off ramp of I-5 and which has been in the same ownership for the past 21 years. 2017, sales were $475,000 including the truck at $80,000. The Food Truck has many fixed site contracts 4 days per week plus caters many sort after private events. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Food Truck has the ability to substantially grow the business with catering and the many event opportunities in the area. This Deli has been Redding''s favorite for many years mainly because of the excellent quality of their food. There is a large attractive open service kitchen area displaying an array of freshly baked breads, sliced meats, salads, desserts and sumptuous soups. The equipment is all modern and includes, refrigerated prep and display fridges, ovens, microwaves, Ice machine, 2 large glass cake display cases, 2 and 3 door refrigerated worktops, steam tables and many stainless steel worktops. The dining room area has a light airy feel displaying the illuminated menu boards. There is ample dry storage and a well positioned office with ample rear storage and food truck hook up. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Deli is located right on the main freeway with a large, illuminated 25 ft monument sign and surrounded by many tenants who are also regular customers. After 21 years the owner wishes to retire and pass the many years of goodwill, equipment and lease onto new energetic owners wanting to run and grow their own business. This is an easy operation which would suit any buyer wanting to get into the food business for this relatively small investment. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Not Available | Year Established: 1994 | Current Owner: 1997 | Employees: 10 | Seating: 40 | Square Footage: 2300 | Parking: Parking Lot | Licenses Required: Health and Business Licenses | Days Open/Hours: 7am - 7pm Mon - Fri 7am - 8pm Fri & Sat | Reason For Sale: Retirement |

FINANCIAL INFORMATION:
Yearly Revenues: $430,752 | Yearly Cash Flow: $39,000 |

LEASE INFORMATION:
Monthly Rent: $2,150 | Lease Expiration: 2021 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 2150 |

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.

Additional Details:

  • The property is owned.
  • The owner is not 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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