Established, Highly Profitable Deli for Sale
Business Description
Lucchesi Deli has been serving a variety of sandwiches in Petaluma for over thirty years. The heavy concentration of sandwich offerings simplifies the front and backroom operation, ensuring freshness and consistent food and service quality, while minimizing waste and shrinkage. Homemade minestrone soup and chili, 13 varieties of handcrafted salads, and cheese tortellini with pesto, as well as veggie wrap, bagel dogs and piroshki are tasty alternatives.
Hours of operation are Tuesday through Sunday, 9-5. All food purchases are takeout only: indoor seating was eliminated at the outbreak of Covid-19; however, patio seating in the common area is shared with neighbors Coldstone Creamery and Panda Express.
Terms of current lease ends November j30, 2026 and owner does not plan to renew; however, Landlord is agreeable to a new lease to a well-qualified tenant at terms consistent with current lease history. A lease application is available upon request.
This is a highly profitable business. Discretionary earnings to sales ratio have consistently been 21% to
27%, largely due to favorable lease terms (5 - 7% of gross sales), efficient labor costs, well -managed
food costs, and an incredibly loyal customer base.
Business is pre-approved for SBA financing to a qualified buyer.
Owner is selling so that he can retire ;but would consider staying on beyond the training period as a working staff member at mutually agreeable terms.
Hours of operation are Tuesday through Sunday, 9-5. All food purchases are takeout only: indoor seating was eliminated at the outbreak of Covid-19; however, patio seating in the common area is shared with neighbors Coldstone Creamery and Panda Express.
Terms of current lease ends November j30, 2026 and owner does not plan to renew; however, Landlord is agreeable to a new lease to a well-qualified tenant at terms consistent with current lease history. A lease application is available upon request.
This is a highly profitable business. Discretionary earnings to sales ratio have consistently been 21% to
27%, largely due to favorable lease terms (5 - 7% of gross sales), efficient labor costs, well -managed
food costs, and an incredibly loyal customer base.
Business is pre-approved for SBA financing to a qualified buyer.
Owner is selling so that he can retire ;but would consider staying on beyond the training period as a working staff member at mutually agreeable terms.
About the Business
- Years in Operation
- 33
- Employees
- 5 (2 Full-time, 3 Part-time)
- Facilities & Assets
- Facility is 1321 square feet, located in the Washington Square Shopping Center that includes (among others): Peet's Coffee, See's Candy, Staples, Planet Fitness, Harbor Freight, Xfinity, Safeway, AT&T, and neighbors Coldstone Creamery and Panda Express.
Assets include: 8x12 Walk In Cooler, 5 Door Soda Reach in Cooler, 54" Stainless Refrigerator,4 Burner Gas Stove with type 1 Hood, Moffit Turbo Fan Convection Oven, One and Three Compartment Stainless Steel Sinks, Icemaker, Refrigerated Deli Case, 3 Microwave Ovens, Sandwich Prep Bars, Chip Racks, etc. - Market Outlook / Competition
- Lucchesi's Deli continued success and high profile in the community over the past 33 years i evidenced by a a loyal customer base that continues to grow. Word of mouth and community involvement are the primary marketing dynamics that underscore the decades of profitability.
- Opportunities for Growth
- Expanded store hours to accommodate commuter dinner take outs, greater emphasis on catering opportunities, and expanded work week to include opened Monday hours could easily enhance revenues by a projected minimum of 20%.
About the Sale
- Seller Motivation
- Owner wishes to retire.
- Transition Support
- Owner will provide 40 hours training and would consider staying on as a working staff member at mutually agreeable terms of employment.
- Financing Options
- Seller will consider financing to a well-qualified buyer
Listing Info
- ID
- 2496861
- Listing Views
Listing ID: 2496861 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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