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The Wall Street Journal Online

Deli, Sandwich Shop and Specialty Market with Expansion Potential

Garden Grove, California (Orange County)

Photo Available
Asking Price:
$135,000
Gross Income:
$336,621
Cash Flow:
$65,000
FF&E:
N/A
Inventory:
N/A
Real Estate:
N/A
Year Established:
1927
Employees:
1
Business Types:
Other Food Stores
Other Eating & Drinking Places

Business Description

Great opportunity for a caterer or grocer to build on a well-established business. Specialty gourmet market, butcher and deli store is located in an historical downtown area in central Orange County. This has been a family owned business for 85 years. The business currently caters lunches to local schools and businesses. It also has walk-in traffic from local businesses for lunch; there are tables inside the store and tables with umbrellas on the pedestrian-friendly sidewalk . The facility and equipment will support a larger operation that could include catering and additional onsite food preparation. The two large walk-in coolers were built for a large butcher shop and are very well constructed. The butcher/deli cases have a vintage look and are in excellent condition. Delivery vehicles is included in the price.

Detailed Information

Facilities:
Seller owns building and will consider favorable lease terms for a qualified buyer. The total facility is 3,000 square feet. The market/deli is 2,700 square feet and there is an additional 300 square feet of storage. The storage space is separate and can be excluded from the lease.
Competition:
This business is located in a redevelopment area with good free parking. The city promotes activities to increase foot traffic. On Friday nights there is a vintage car gathering and on Sunday s a popular Farmer s Market.
Growth/Expansion:
Business is currently opened limited hours and closed on Sunday. Expanding the evening hours later than 6pm and opening on Sunday to take advantage of the Farmer s Market traffic could increase business. Adding additional products such as fish and a larger variety of produce could also increase sales.
Financing:
Seller will consider favorable lease terms for a qualified buyer
Support/Training:
Seller will train for 2 weeks at 40 hours per week
Reason Selling:
Retirement
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

Karen Christensen

Karen Christensen
Transworld Business Advisors - Irvine

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Ad#: 689257

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