Deli With Full Kitchen & Huge Walk-In Cooler
Location California,United States
Asking Price Range < $250K
Gross Revenues $144000
Net Profit / Cash Flow $24000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This Glendora Area Deli for sale with a full kitchen and huge walk-in cooler is ideal as a deli operation, a restaurant (with a wide variety of concepts), or the base for a bakery or catering kitchen with an onsite food offering. This operation, which has been established for approximately 10 years, is centrally located with major employers as neighbors.
Asking Price $59,000 + Inventory ($6,000)
This 1,000 square foot facility leases for $1,546 on an assumable lease, or one that an be written as a new lease with options. The sale comes with has a full grill, stove, deep fryer, commercial deli slicer and microwave, ice machine, prep tables, 3 compartment sink, oversize walk-in cooler, freezer and multiple deli counters, and seating for approximately 25 patrons.
This venue is one of only a few deli operations in the Greater Glendora Area. As such, there is limited direct competition (franchise deli's are not considered direct competition as they are not 'family style' deli operations).
A new owner will likely seek to modify the existing concept to cater to local demands for a variety of ethnic deli style or quick service foods. Similarly, new owners may seek to implement a full restaurant venue, utilize the large kitchen for a catering operation, or expand upon the current 'mom and pop' concept to increase profitability.
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