Profitable Deli for Sale in Colorado Foothills - Close to Colorado Spr

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Will Not Last Long!
Asking Price:
$159,000

Gross Revenue:
$478,858
Cash Flow:
$76,743
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This profitable and established Deli for Sale with Bakery in the foothills of Colorado features an incredible location with breathtaking mountain views! 25% Seller Financing Available for Qualified Buyer. Seller motivated! Bring an offer!
This well-established deli for sale has been operating since 2005 in a great location with maximum traffic counts. The current owner is a talented, successful, multi-unit restaurant owner who wishes to sell to focus his attention on his out-of-state restaurants. This restaurant has a Manager in place but has always been run absentee by the owner. What it really needs to bring it to the next level is a ''hands-on'' owner/operator.
Currently open for breakfast and lunch, it features a wide variety of sweet and savory breakfast items, mouth-watering sandwiches, scrumptious baked goods, fresh salads, & daily homemade soups. Also has free WIFI, off-street parking, and family-friendly atmosphere.
Located perfectly and with great online reviews, the deli for sale by We Sell Restaurants has plenty of parking [very rare and desirable in this tight, mountain community]. It features a beautiful patio with incredible views that seats 45 plus another 40 inside. This store also has a walk-up counter and plenty of display room for its Boar's Head meats and cheeses as well as fresh made baked items. There is a new POS system and a very new, attractive menu board.
Current rent is $2778 per month for 1600 square feet that put occupancy costs under 5%. Sales for 2019 are projected to exceed $500,000. With earnings of over $75,000 for an owner/operator.
The deli for sale has a fully equipped commercial kitchen has a walk-in, double-stacked convection ovens, a dishwasher that is owned [not leased] as well as plenty of hot and cold holding equipment. The entire restaurant is well lit and spotless. The team is established and well trained. The Seller will stay on for a negotiated period of time to assist in a smooth transaction.
This deli for sale is located in a prosperous mountain community is nestled in the foothills of Colorado's Front Range but is still an easy 20-minute commute from I-25. It is the gateway to Colorado's favorite mountain tourist destinations as well as Pike's Peak and the vibrant casino town of Cripple Creek. Some Seller financing could be available to a qualified Buyer.

About the Business

Location:
Teller County, Colorado
Year Established:
2005
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$2,784.00 Per Month
Lease Expiration:
11/1/2021
Facilities:
Equipment List QTY Item 10 Wire Storage Shelves 2 Microwaves 1 Slicer 2 Sandwich top refrigerators 3 Reach in Freezers 2 48 in Display Cooler 1 72in Display Cooler 2 Convection Ovens 2 Grill and Stove 1 Ice Maker 1 Dishwasher 1 30in Work Table 1 46in Work Table 1 Food Processor 1 Mixer 1 Portion Scale 2 Food warmer 1 Back lit Menu Board 2 Toaster 2 POS Terminals 1 Computer 1 Printer and Scanner 32 Dining Room Chairs 14 Dining Room Tables 45 Patio Chairs 17 Patio Tables 1 Espresso Machine 1 Assorted Dishes Utensils Storage Containers 1 Induction Warmer 1 Bread Machine 1 High Chair 4 Carts 1 Paging System 1 Garden Hose 1 Pressure Washer
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Great visibility on main highway through town Rare off street parking Great reputations with locals and online
Growth & Expansion:
Catering and delivery using your own methods or a Grub Hub like partner is a key opportunity This location has never had an owner operator
Contact the Seller

About the Sale

Reason For Selling:
Other
Training/Support:
10-14 days
Seller Financing:
75%

Listing Info

ID:
1654444
Ad Detail Views:
0

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Business Listed by

Bob Steinberger

We Sell Restaurants
License# CO SL 100044255

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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