Delicatessen SFV Landmark for 50+ years

Canoga Park, CA
Los Angeles County


Asking Price: Annual Revenue:
$225,000 $1,400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Delicatessen SFV Landmark for 50+ years Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $225,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $325,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1967
Employees: 5
BBN Listing #: 669211533
Broker Reference #: 4422

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Business Overview:

Delicatessen SFV Landmark for 50+ years

RRC# 4422
Location: Canoga Park

Description:
This popular, long-established deli restaurant, has been preparing fresh authentic deli food served by a friendly attentive long-time staff. Fresh ingredients and everything made from scratch is on tap. Full menu includes breakfast, lunch, dinner and nosh selections. A spacious 4,520 square feet with a back area for private parties, and functions such as anniversary, birthday and graduation parties plus a beer/wine license make for a festive atmosphere. Consistently profitable with great lease terms and plenty of public parking.

Financial Information:
Monthly Revenue: $120,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $1,400,000
Annual Cash Flow: $325,000
Annual Payroll: $152,000
General Info:
Organization: Corporation
Established: 1967
Current Owner: 1994
Employees: chef, 3 line cooks, waitstaff
Reason For Sale: Other Interests
Monthly Rent: $14,500
Expiration: 2026 plus 5 year option

Facilities:
Square Feet: 4,521
Seating: 120+
Parking: Public lot
Licenses: Health permit, ABC
Days/Hours of Operation: Monday - Wednesday 7:30a - 8p; Thursday - Saturday &;30a-8:30p; Sun 8a-8p

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Property Features and Assets:

Square Feet: 4,521 Seating: 120+ Parking: Public lot

Reason for Selling:

Other Interests.

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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