Multi-Generational, Award-Winning Restaurant/Deli in Prime Downtown Location For Sale - 11416

Price
$375,000
Location
Industry
Category
Restaurant/Deli
Description

Award-winning, multi-generational family delicatessen located in a prime downtown location for sale. The business is consistently profitable year over year. Limited 3 hours per day (M-F 10:30am-1:30pm) , low overhead, and profitable food items make this a very successful venture. They offer dine-in, to-go orders, delivery/online ordering (Bite Squad, Ritual, EZ Cater, etc.) and catering. Rent is CAM plus 5% of monthly sales. 2023 annual revenue of $815,000 with an owner’s adjusted net income of $123K+. Attractively priced at $375,000. For more information, please contact Duane Johnson, Christopher Lappen or Jean-Marc Johnson.

Listing ID
11416
Value From Year
2023
Cash Flow
$123,791
Equipment Price
$30,000
Gross Sales
$815,184
Reason for Selling
Retirement
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
27
Full Time Employees
4
Part Time Employees
3

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