Asking Price: $120,000 Gross Revenue: $169,209Cash Flow: $7,143 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $90,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is an outstanding deli with a great location and consistent 4 to 5-star reviews across popular social media platforms. This deli has been in a busy, active, well-maintained shopping center for the last 14 years. There is a wide variety of shopping, dining and leisure activities in this complex. The deli is a 100’ from a major theater entrance, about 50’ from a Starbucks location and around the corner from a sports complex. Hence, this center has a very high occupancy rate over the last ten years. The rent is under $5000 per month. The deli has 30 seats inside and five covered patio tables outside. They have a beer and wine license. The present owner has owned the business for three years using the same menus including an extensive catering menu.
The catering has not been properly utilized because the owner had no prior food experience and is not sales oriented. The previous owner had consistent sales averaging over $300,000 per year and acknowledged profits averaging over $40,000 per year before adjustments for excessive Cost of Goods sold.
There is substantial room for growth by utilizing an advertising and marketing campaign, expanding the catering business and optimizing food costs.
About the Business
Number of Employees:
1 p/t + owners
Building Sq. Ft.:
$4,847.00 Per Month
This deli has been in a busy, active, well-maintained shopping center for the last 14 years. There is a wide variety of shopping, dining and leisure activities in this complex. The deli is a 100’ from a major theater entrance, about 100’ from a Starbucks location and around the corner from a sports complex. Hence, this center has a very high occupancy rate over the last ten years. The rent is under $5000 per month with 30 seats inside and five covered patio tables outside. The lease is negotiable.
There are other eating options in the area and a competitive business environment. Loudoun and Fairfax county are two of the richest and fastest growing counties in the U.S. The deli industry is increasing at approximately 4% and is reflected in the area.
Growth & Expansion:
Sales are break even with no adjustments to Cost of Goods Sold. Attention to the COGS would greatly impact the owner benefit. Marketing and advertising efforts have been low and sales would benefit from an advertising plan.
14 Year Family Deli Business - Unbeatable Location
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