Hot Listing

Specialty Food Store with Well Established Deli and Coffee Business!

Asking Price$419,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$527,884

Inventory$40,000
Included in asking price
FF&E$350,000
Included in asking price
Ballard bridge
Store Front
Grocery
Deli
Ballard bridge
Store Front
Save1/5
Hot Listing

Specialty Food Store with Well Established Deli and Coffee Business!


Asking Price$419,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$527,884

Inventory$40,000
Included in asking price
FF&E$350,000
Included in asking price

Seller Financing Available
Business Description
Waterfront store centrally located in a high-traffic marina!
Our waterfront specialty food store, cherished by the community and renowned for its emphasis on quality offers a delightful array of fresh artisan sandwiches, gourmet coffee, and more. Conveniently situated at the historic Fishermen’s Terminal marina just 3 miles north of downtown, our establishment is nestled amidst an office park and surrounded by three prominent Seattle neighborhoods: Magnolia, Queen Anne, and Ballard. Throughout the year, we attract a steady stream of tourists and locals alike, drawn to our location since 1908. The marina boasts a thriving local fishing community that appreciates our offerings, and neighboring businesses frequent our store, including office staff who visit us daily. Our loyal customers consistently express their gratitude for the quality and value we provide. Our unique business model combines a deli, coffee shop, and convenience store, offering a diverse selection of specialty foods. From artisanal drinks to wines, honey, chocolates, cigars, and art, our carefully curated products showcase the best of the region. Ergonomically designed by the owner and with custom built shelving, our store is equipped with top-of-the-line equipment and trade fixtures to ensure efficient service held to a better standard. Our menu features delicious sandwiches made with premium ingredients, catering to a wide range of tastes. Additionally, we have online ordering platforms in place to enhance convenience and generate additional revenue for our deli. This establishment has taken pride in providing exceptional customer service over the years. The system developed for meeting the needs of the area has been very effective for 13 years and during that time, we’ve been able to build a significant customer base with our 3 in 1 business model. It’s a flexible business model that can accommodate your vision as well in this turn key opportunity.
About the Business
Years in Operation
13
Employees
3
Facilities & Assets
350,000 in trade fixtures and cost to rebuild in current market to the current standard. 40k in non perishable/perishable inventory.
Website
HTTP://FGMDELI.COM
Market Outlook / Competition
Running 44% gross profit margin with very efficient customer service model. Strong local customer base with increasing demand year over year. Very active tourist destination.
Opportunities for Growth
Plenty of growth potential with local catering with the surrounding office community and nearby residential communities, facility also can be used as a commissary for catering. Centrally located in a office park community and home port to Seattle’s largest maritime community. Growth expected in the area with projects being actively completed by the Port of Seattle.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,150
Rent
$2,300.00 per month
Lease Expiration
6/1/2039
About the Sale
Seller Motivation
Perusing other interests.
Transition Support
Training on ordering and daily management.
Financing Options
Some financing available, depends on the buyer.
Listing Info
ID
2385225
Listing Views
5494
Business Location

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Business Listed by: Joseph Arya

Listing ID: 2385225 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.