Franchise Deli in Office Bldg. - Absentee Owned!

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100% Absentee-Owned Profitable Franchise Deli
Asking Price:
$134,000

Gross Revenue:
$135,026
Cash Flow:
$48,738
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Popular Franchise Deli located in an 11-story office building. Open only 5-days per week from 7am - 3pm. No more weekends or holidays!

Absentee Owned! The owner also has another business which has left no-time for this one. Daily operations are run by the manager who has been with them since inception.

This deli offers a couple ways of increasing growth potential; expanding hours to catch those late afternoon lunches/snacks, and/or offering catering services to the building and surrounding businesses in the area.

Rent is based on occupancy and includes utilities and property tax. Landlord also helps with cleaning, pest control, and sometimes technical support as well.

This business is also suitable for E2 (investor) Visa.

About the Business

Location:
Houston, Texas
Year Established:
1973
Number of Employees:
2
Facilities:
Located in an 11-story office building. Rent is based on occupancy and includes utilities and property tax. Landlord also helps with cleaning, pest control, and sometimes technical support as well.
Website:
www.dellingco.com
Market Outlook/
Competition:
The only deli/food establishment located in the building, also another potential office building next door. Several businesses and apartment complexes are in the immediate area as well.
Growth & Expansion:
Offering catering services to the building and surrounding businesses would definitely increase sales. Also, expanding hours through 5pm to catch those late lunches/snacks.
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About the Sale

Reason For Selling:
Moving out of state.
Training/Support:
Available. The owners are 100% absentee, daily operations are ran by the manager and one full-time helper.

Listing Info

ID:
1620380
Ad Detail Views:
0

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Business Listed by

Shanna Caravella

Del Lingco International Business Broker

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Sponsoring Broker:

Dominick Caravella
Del Lingco International Business Broker


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