MergerPlace

Turn-Key HOT Delicatessen

Highland, Michigan


  • Asking Price: $340,000
  • Gross Income: $310,000
  • Cash Flow: $140,000
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: Not Disclosed
  • Listing ID: #208967
  • Established: 2011
  • Employees: 4

Business Description

This established deli has been in business for only 7 years and is well established in the local area. This delicatessen has the enviable reputation as being the very best of the best in the area.

Average annual sales for the last 3 years were $310,000 with an average annual net of $140,000. Open weekdays daytime only and located in a busy industrial area on a high visibility main road with tons of parking. There is also a catering service which generates a good portion of the sales.

A large deli counter is the center of attention serving the freshest sandwiches, salads & deli meats with seating for 40 + 20. The many different breads, meats, vegetables and salad stuffs served.

The prep kitchen area has a up to date cooler, meat slicer and stainless-steel worktops. Behind the deli counter there are many refrigerated glass displays of the products while the back counter has all the equipment required for a quick service restaurant.

This deli restaurant suitable and affordable for either first time buyers or a family wanting to own and operate a successful, profitable turnkey business. This is not a complicated restaurant to operate and years of experience is not necessary as full training is offered by the Seller.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Michigan
Metropolitan Area: Highland

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4

Financial Information

Asking Price: $340,000
Gross Revenue: $310,000
Cash Flow: $140,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

2100 Square Feet

Reason for selling:

Owner has other interests.

Support & Training:

Owner will stay on and train the new owner for two weeks to ensure a smooth transition

Contact Business Seller

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Business Listed By:

Joseph Barbera

Locations Commercial Real Estate Services