35 Year Deli, Grocery, & Produce Company

Asking Price$220,000

Cash Flow
$86,000

EBITDA$87,000

Gross Revenue$613,000

Inventory$6,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

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35 Year Deli, Grocery, & Produce Company


Asking Price$220,000

Cash Flow
$86,000

EBITDA$87,000

Gross Revenue$613,000

Inventory$6,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

Business Description
The retirement aged & original owner of this “hidden gem” is proud of the excellent reputation that has been established by his staff. The store offers a wide range of options for sandwiches, salads, and produce all made with fresh ingredients. The deli counter allows for customizations and the salad bar is a great way to get a healthy meal.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan approved
Loyal customer base
No debt in the company
Catering can be expanded
Price includes all inventory
Only open 20 hours per week
Independent – not a franchise
Real estate available to purchase
Price includes all equipment valued at $30,000
Clean books and records – all numbers are verifiable
About the Business
Years in Operation
38
Number of Employees
5
Facilities & Assets
The business operates out of a 2,300 square foot standalone building that has been well – maintained. There is plenty of parking and it is located on a main street in the community.
Market Outlook / Competition
This deli has been such a major part of the community that customers flock to it and recommend it to all of their friends.
Opportunities for Growth
Increasing the hours the business operates from 20 hours per week would certainly be the quickest way to build the business. Expanding catering to local businesses, adding beer and wine, soft serve ice cream, ATM machines, and the lottery would be growth ideas as well.
About the Sale
Seller Motivation
The owner is of retirement age.
Transition Support
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Financing Options
SBA loan eligible
Listing Info
ID
2068219
Listing Views
4802

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Business Listed by: Dan Long Cincinnati Business Brokers

Listing ID: 2068219 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.


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