New Orleans Grocery & Deli For Sale

Business description

For 68 years this popular grocery and deli has been serving the uptown university area of New Orleans, Louisiana. The historic location was established to cater to the local students as well as the local neighborhood residents who appreciate the quality grocery items and hot place lunches and poboys. Walk-in traffic is steady from morning through the early evening. Locals know the grocery has the best selection and lowest prices around. There is also a stocked meat market offering a variety of meats. Building measures approximately 2,900 sq ft and presents well from the street. All equipment was replaced in 2007 and is in great condition.
Business is found on a busy street only two blocks from a major and heavily travelled 6 lane highway that traverses the city of New Orleans, Louisiana. Location is right in the middle of a large and densely populated residential area and is in walking distance from the majority of these homes. New Orleans has recovered fully from recent storms and continues to see tremendous growth both physically and economically. It is a great place to live and do business.
Seller has successfully operated this store for 15 years and now has the opportunity to change careers. Seller is highly motivated to sell and will train the new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see why this grocery and deli has thrived since 1943, meet the owner, make offer, continue the tradition of success.

Property information

Real Estate:

Lease

Premises details:

2900 sq ft, $2800.00

Business Operation

Reasons for selling:

Other Business Interest

Trading hours:

Days: Mon - Sat

Employees:

Part Time: 2

Years established:

69

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$121,000 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)