Business For Sale

Italian Deli for Sale Palm Beach County

Not Disclosed, FL
Palm Beach County


Asking Price: Annual Revenue:
$199,000 $340,498

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Deli for Sale Palm Beach County Broker: Ken Eisenband

Quick Facts

Asking Price: $199,000
Annual Revenue: $340,498
Net Profit: Not Disclosed
Cash Flow: $65,067
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 4
BBN Listing #: 41268096
Broker Reference #: 6153

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Business Overview:

Buy this South Florida Italian deli for sale that serves breakfast and lunch. The community has more than 60,000 residents with an average household income in excess of $100,000.

This deli for sale has seen tremendous sales growth in 2018. A new marketing platform has been very successful. The sales for 2018 are up by almost 25% when compared to 2017! This business has been a staple in the community for years. New construction is bringing in more residents to the area and the local tourist business is better than ever. This fifteen year old business should see its best sales year ever in 2018 with 2019 estimates to be even better.

The shopping center that is home to this fast casual deli for sale is also home to a movie theatre, a few big box retail outlets, restaurants, retail shops, and service providers. A Walgreens sits on the out parcel. The deli for sale is 1,290 square feet and seats 17 guests inside and 14 guests outside. The monthly rent of $3,105 includes all CAM. Taxes and trash removal.

The menu for this Italian deli for sale includes more than 40 specialty sandwiches and salads. Entre and pasta items are popular, as are the fresh Italian pastries. The fast casual Italian deli for sale offered by the restaurant brokers at We Sell Restaurants as been owned and operated for the last four years by an owner who handles all admin work and helps in the front of house when necessary. The menu and all recipes will transfer with the sale and the seller will remain for two weeks of training at no cost to insure that the high quality remains.

The equipment package for this deli for sale is extensive. The exhaust hood is eight feet in length and the grease trap is in ground. Kitchen equipment package includes a six eye burner/ flat top combination unit with two stove, fryer, salamander, and more. The refrigeration is all commercial grade and includes a walk-in cooler, extra- long refrigerated display cases, stand-up freezes, sandwich coolers and more. The deli also has a portable storage unit out back that it rents for $107 per month. A brand new 8 1/2 ton AC unit has recently been installed, as well as am insulated hot water heater.

The front of house is nicely decorated and comfortable. The inside seating is for 17 guests and the outside patio has seating for 14. When a guest walks in they are greeted by an enthusiastic staff and a display of pastries and salads. Restaurant sales are derived from dine-in guests, pick-up, delivery, and catering. The restaurant hours vary due to the Florida season. From May 1 through November 30 the hours are Monday through Saturday 10 am to 3 pm. From December 1 through April 30 the Italian deli for sale operates seven days per week from 8 am through 4 pm.

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Property Features and Assets:

14 outdoor chairs 6 outdoor tables 8 inside tables 17 chairs 2 cash registers five foot refrigerated display case 2 eight foot refrigerated display cases three door sandwich cooler three hotel pan steam table 7 prep tables eight foot exhaust hood salamander flat top/six eye burner/two stove combo unit double panini press microwave slicer walk0in cooler convection oven dish machine three compartment sink utility cart two door stand-up freezer assorted pots, pans, utensils freezer chest insulated hot water heater high chair advertising sandwich board

Market Competition and Expansion:

The deli for sale has created a nice niche in the market, It has differentiated itself from the competition with its product offerings.

Reason for Selling:

Retirement

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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