Deli - Sandwich Shop
| Asking Price: | $129,900 | Inventory: | $5,000 ** |
| Gross Revenue: | $315,500 (comments below) | Real Estate: | n/a |
| Cash Flow: | $71,900 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: Adj'd Est'd Owner's Cash Flow | |||
This 1,250 s.f. Deli/Sandwich Shop is located in a small Strip Mall with other food businesses in Brookfield, CT. It’s open for breakfast & lunch and does catering six days a week. Serves coffee, pastries, snacks, eggs, hot & cold sandwiches, melts, burgers, salads, soups, clubs & subs and has daily sandwich & hot plate specials. P.S. also sells Lottery tickets and small grocery items. Even has a few tables to sit and eat.
Owner started business in 2004. Revenues have increased 15.2% (over 2006), 11.7% (over 2007) and looks like another increase is coming this year (over 2008). They must be doing something right!
Hours of operation are: Monday thru Friday 5:30 to 4:00, Saturday 6:30 to 3:00, closed Sundays. Besides the Owner there are 3 full-timers and uses part-timers when needed. Reported sales in 2008 were over $6,000 per week and adjusted Owner’s Cash Flow after expenses is estimated over $70,000.
This business could be a fit for almost anyone. The Owner seldom makes a sandwich – he just takes orders, talks to the customers and collects the money. You don’t have to be a Deli/sandwich person to run this business – take a look and see for yourself!
The store is 1,250 s.f. It is located in a Strip Mall in Brookfield, CT. Has 17 parking spots, gets most of its business from the local neighborhood and regulars including high school kids. Rent is $2,510.33 per month (including a base net of $400 per month). Additional landlord operating expenses over the $400 are billed annually. Five years remain in the current term plus a 10 year option to renew. Rent increases 3% per year.
The equipment is new and functional and well maintained. Includes camera monitoring, grill, sandwich table, deli cases, TV, double fryer, 8’ hood, and a 5 burner stove (non commercial) etc. etc.
Owner started business in 2004. Revenues have increased 15.2% (over 2006), 11.7% (over 2007) and looks like another increase is coming this year (over 2008). They must be doing something right!
Hours of operation are: Monday thru Friday 5:30 to 4:00, Saturday 6:30 to 3:00, closed Sundays. Besides the Owner there are 3 full-timers and uses part-timers when needed. Reported sales in 2008 were over $6,000 per week and adjusted Owner’s Cash Flow after expenses is estimated over $70,000.
This business could be a fit for almost anyone. The Owner seldom makes a sandwich – he just takes orders, talks to the customers and collects the money. You don’t have to be a Deli/sandwich person to run this business – take a look and see for yourself!
The store is 1,250 s.f. It is located in a Strip Mall in Brookfield, CT. Has 17 parking spots, gets most of its business from the local neighborhood and regulars including high school kids. Rent is $2,510.33 per month (including a base net of $400 per month). Additional landlord operating expenses over the $400 are billed annually. Five years remain in the current term plus a 10 year option to renew. Rent increases 3% per year.
The equipment is new and functional and well maintained. Includes camera monitoring, grill, sandwich table, deli cases, TV, double fryer, 8’ hood, and a 5 burner stove (non commercial) etc. etc.
About the Business
Year Established:2004
Employees:3 full time -
About the Sale
Management Training and Support:Owner will train
Reason For Selling:Other Interests
Seller Financing:Sorry – no Owner financing on this one – Owner has other interests – but the business is priced for a Cash Sale!
KEYWORDS: Deli Sandwich Shop
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