Award-Winning Restaurant/Deli In Downtown Location
Not Disclosed, MN Not Disclosed
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- RE: Award-Winning Restaurant/Deli In Downtown Location
- Contact: Duane Johnson,
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $815,184 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $123,791 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | 7 | |
| BBN Listing #: | 940514 | |
| Broker Reference #: | 11416 DJ CL |
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 3 hours per day (M-F 10:30am-1:30pm) , low overhead, and profitable food items make this a very successful venture. They offer dine-in, to-go orders, delivery/online ordering (Bite Squad, Ritual, EZ Cater, etc.) and catering. Rent is CAM plus 5% of monthly sales. 2023 annual revenue of $815,000 with an owner’s adjusted net income of $123,000+. Attractively priced at $375,000. For more information, please contact Duane Johnson, Christopher Lappen or Jean-Marc Johnson
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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