Burgeoning Encino 5 Day Deli with Solid Earnings

Asking Price$175,000

Cash Flow
$131,973

EBITDA$131,973

Gross Revenue$276,507

Inventory$5,000
Not included in asking price
FF&E$20,000
Included in asking price
Representative PhotoSave

Burgeoning Encino 5 Day Deli with Solid Earnings


Asking Price$175,000

Cash Flow
$131,973

EBITDA$131,973

Gross Revenue$276,507

Inventory$5,000
Not included in asking price
FF&E$20,000
Included in asking price

Seller Financing Available
Business Description
Quintcential 5 Day Deli priced to Sell!
This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space where patrons can enjoy their preferred combination of their preferred coffee and delicious deli delights. With a focus on freshness and quality, This 5 day deli stands out as a go-to spot for area staffers that appreciate the venue’s focus on quality and freshness. Roughly 25% of sales are attributed to its catering services.
About the Business
Years in Operation
6
Employees
2
Facilities & Assets
This 1,200 square foot location leases for 13% of gross monthly revenues, including common area maintenance expenses on a lease until 2024 with two 5 year options to extend. The business has 2 electric grills, an oven (under a small hood), a deli slicer, salad prep table, 3 door fridge and refrigerator, 2 reach-in beverage fridges, a cappuccino machine and a 3-bucket sink. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $5k in inventory will be sold at cost at close in addition to purchase p
Market Outlook / Competition
This deli has a significant advantage due to the convenience it offers its patrons, who return as recurring customers due to the venue’s varied offering that include its fresh coffee, premium deli meats, artisanal bread, quality produce and satisfying breakfast, lunch and catered options.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
About the Sale
Seller Motivation
Personal
Transition Support
Seller will train for 2 weeks at 20hrs per week
Financing Options
Seller may consider a small secured carry to help faciliate an SBA loan for a qualifi
Listing Info
ID
2218813
Listing Views
2702

Contact Seller

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Business Listed by: Ryan Clark The Veld Group

Listing ID: 2218813 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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