Deli In An Office Building

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Asking Price:
$165,000

Gross Revenue:
$202,443
Cash Flow:
$60,084
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$90,000
included in asking price

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Business Description

This is a well-known, established Houston based franchise deli with an excellent reputation. The deli is located in a landmark office building downtown in a high traffic area where a metro train and major bus stop meet. This is one of the few delis that have a full salad bar and is very profitable for the owner. There are two entrances to the deli, one on the 1st floor building lobby and another faces the street open to the public. The deli has excellent signage on the building. Easy to operate with 90% of the sales being counter sales and the deliveries are made in the building. The owner recently purchased a new POS system, a new ATM machine as well as a new video monitoring system. The ATM machine is serviced by a vendor and nets approximately $500-$550 per month. Hours of operation are 7AM till 4PM Monday through Friday and closed weekends and holidays.

About the Business

Location:
Houston, Texas
Year Established:
2015
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,700
Rent:
$1,700.00 Per Month
Lease Expiration:
1/31/2022
Website:
www.dellingco.com/listing/deli-in-an-office-building-2/
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About the Sale

Reason For Selling:
No time, has other business.
Training/Support:
Yes

Listing Info

ID:
1518245
Ad Detail Views:
400

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Business Listed by

Dominick Caravella

Del Lingco International Business Broker

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