Price Change: Deli & Pantry North Shore

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Sandwiches - Heavy Lunch Crowd Daily
Asking Price:
$349,000

Gross Revenue:
$603,000
Cash Flow:
$125,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$75,000
included in asking price

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Business Description

Great opportunity to purchase a profitable and established neighborhood Convenience Store, Deli and Sandwich Shop located in an affluent and historic Chicago North Shore community. The Business is very close to public transportation, other successful businesses, growing residential areas, and an entertainment venue which drives foot traffic seven days a week all year round. The entertainment venue brings in customers from all over the state and many come back for the excellent food and old fashioned service.

The seller is ready to pass their turnkey business to a new owner and will consider seller financing for a portion of the purchase price. The Business also has its own, well maintained service equipment including industrial refrigerators and its own delivery vehicle. Offering excellent, made to order subs, salads and soups as well as a variety of convenience store food items, this must-see store has excellent reviews and a loyal customer base.

The Company’s specialty is its wide variety of made to order subs. Using only the best ingredients, the Company makes its subs to order fresh every day. According to its social media reviews, the Company’s subs are the best in the area. It has two full time deli workers that are always ready to deliver. The Company also does catering.

Interested buyers are required to execute an NDA and send a LinkedIn profile or resume as part of the buyer screening process. Contact the broker directly at 312-525-9622 or email info@playbookadvisory.com for additional information.

About the Business

Year Established:
2007
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
3,000
Facilities:
The Company operates out of a single 3,000 sq/ft facility leased by a third party landlord
Market Outlook/
Competition:
The Company has very few competitors in its territory since it is located in a primarily residential area. There are a few other delis that operate just outside its territory, but the Company has the best consistent reviews.
Growth & Expansion:
A new owner could easily grow the business by grow the business by developing a marketing plan and investing in more social media exposure. A new owner could also set up catering stands at local festivals and network with other small businesses in the territory.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Mutually negotiated training and transition of 30 days.
Seller Financing:
34900

Listing Info

ID:
1525181
Ad Detail Views:
86

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Business Listed by

Jim Peddle

Playbook Corporate Advisory, Inc.

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