Deli in Upscale Shopping Center For Sale

Business description

A large, bright delicatessen in a huge, upscale shopping center of an affluent community. Outstanding location with great parking. Sunny western exposure. Seating for 16 at tables in the spacious rear seating area. Current owners have taken what was a tired, older business and rejuvenated it, building the client base and revenues… The difficult work has been done, just move in and run the business! Sales are up over 7% YTD from 2007 despite the current economy. Solid corporate account, customers from adjacent stores & businesses, trade workers, police department, school system, etc.

Property information

Real Estate:

Lease

Lease terms:

expires 2015

Location:

Located in a huge, upscale shopping center of an affluent community. Outstanding location with great parking. Sunny western exposure. 2,030 sq. ft.; New drop ceiling & flooring. All systems are up to code. Upgraded Ansel Fire Protection system. Shopping Center’s landlord recently completed a new façade to the entire building.

Other information

Expansion potential:

This is a popular deli and growing every day. Do some advertising & marketing to pull in more customers from the nearby high school and businesses.

Competition / Market:

No competition in the shopping center. This is a winner, and although there are other food stores in the community at large, the owners have worked hard to provide a top notch product and to be popular proprietors in the community.

Support & training:

Seller will train at no cost for 1 week.

Reasons for selling:

Family and new business interests.

Trading hours:

M-F 6:30a-5p; Sa 6:30a-4p; Su 7:30a-2p.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$12,000 (included in the asking price)