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Businesses For Sale   >>   Virginia Businesses For Sale Categories   >>   

5 Or 6 Day Deli

Location  Virginia,United States
Asking Price Range  < $250K
Gross Revenues  $54000
Net Profit / Cash Flow  $30000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  1986
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Health and relocation
Description  5-6 day deli inside building with more than a 25 year reputation. 9-4 weekdays, 10-4 Saturday plus catering is possible. Can expand weekday hours and could open on Sunday for tourists (as the previous owners did). Perfect for family business. This is mainly carryout. Seating for 4 in common area plus an outdoor patio will be added by landlord. Low overhead. There is a new landlord and the rent was just reduced with the new 5 year lease. This business has much untapped potential in an area with more tourists arriving. With National Harbor, the water taxi and the free King Street trolley, you can see why this is a great opportunity. Also, the building is being renovated and new tenants will be moving in, thereby providing more regular customers. Price has just been reduced to $40,000 for a quick sale as the owner wants to relocate out of the area.
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