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Profitable & Established Deli

Oakland County, MI, USA
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Businesses For Sale | Delis & Sandwich Shops For Sale

Listing ID : 427605

Posted on February 29, 2024 View Count 8

Price :
$425,000
Business Financials & Assets :
Gross Revenue:
$377,672
Cash Flow:
$156,714
Inventory Included:
No
Estimated Value of Inventory:
$9,999
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
5
Absentee Owner:
No
License Included:
Yes
Real Estate:
Leased
Rent:
$3,000
Type of Lease:
Triple Net Lease (NNN Lease)
Building Size:
1,299 Sq. Ft.
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Financing:
Down Payment: $125,000 Monthly Payment: $4,972 Interest Rate: 6% Amortization Period: 72 Months
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Our firm takes pride in presenting this well-established and profitable deli to the market. The current owner has successfully operated this location for nearly 15 years, and now, as he plans to retire, the business is ready for a new chapter.

Situated in a busy area of Southeast Oakland County, the deli is strategically located in an A-class plaza alongside renowned franchises. The plaza is surrounded by numerous residential homes and expansive apartment complexes. Currently operating under a $500 per-month licensing agreement, the new owner has the flexibility to retain the existing arrangement or craft a fresh concept for this prime & well-equipped location.

Renowned for its amazing sandwiches with generously stacked high-quality meats, this deli has built a loyal customer base. It is fully equipped with essential amenities that includes a large hood, deep fryer, flat-top grill, and walk-in fridge, making the deli ready for seamless operations. Despite the current owner’s minimal advertising efforts and reduced hours (Monday-Friday only), the business brings in a substantial cash flow of $156,000, excluding significant income from catering orders.

With untapped potential, a new owner can significantly boost sales and cash flow by expanding operational hours, introducing a breakfast menu before 10 am, and being open on Saturdays and Sundays. Introducing new menu options, coupled with targeted advertising to local homes and businesses, presents HUGE avenues for growth.

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