Thriving Deli located downtown featuring fresh and healthy meals at affordable prices. Excellent street visibility in a community that is undergoing healthy growth with new construction nearby. A regular and loyal clientele has been built through word of mouth, and they line up during the lunch rush, keeping the restaurant full during peak hours. Excellent potential for growth here. Seller is retiring. NDA is required for first round packet.
About the Business
Number of Employees:
Attractive and open concept deli with 49 seats. Approx 1600-1700 sf, corner location. 2 parking spaces.
Competition always exists. This deli is unique to its neighborhood in both its offering and its price point.
Growth & Expansion:
Expand into the dinner hours and invest in marketing.
Seller will hire and train all needed replacement staff, and will stay for as long as is needed.
Cash preferred. If the price and deal structure is right.
Ad Detail Views:
Asking Price: $199,000 Gross Revenue: $225,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $10,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
San Diego Deli Excellent Location Inventory Turns Over Daily!
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