Absentee-Run Famous Italian Deli

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$325,000 $500,000

Food & Beverage: Grocery & Food Stores


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RE: Absentee-Run Famous Italian Deli Broker: Mike Darmo
Owner Financing is Available!
$200,000 down the seller will carry the balance of $125,000 for 3 years at 7%

Quick Facts

Asking Price: $325,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $50,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 401959836
Broker Reference #: Not Disclosed

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Business Overview:

If you are looking for a turn-key deli with a famous history and solid customer base and amazing food in Heart of Phoenix then look no further. This deli has a strong name notoriety and amazing recipes and inventory selection with solid equipment and nice deli setup and eating area. The business has tons of potential and needs new ownership to take into the technology age with more online ordering and marketing. The owners have owned for decades and are planning on retiring. The inventory sits around $35,000 and is included in the price. The deli/restaurant boasts 3,000 square feet with 5 employees 2 Full Time / 3 Part Time. The rent is really good as well for the area it sits in at only $3,600 per month for 3,000 square feet which is unheard of these days. The seller is also offering great seller financing terms with $200,000 down the seller will carry the balance of $125,000 for 3 years at 7%. Hurry up because if you wanted a deli you couldn't ask for a better turn-key operation with a decades old solid customer base, this will go quick.

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Property Features and Assets:

3,000 square feet storefront in a busy strip center in the Heart of Phoenix.

Market Competition and Expansion:

Not much with this Name Notoriety and History. Tons of room for growth with an involved owner and more online marketing and ordering.

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.

Relevant Links:

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