Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price	$155,000	Inventory	$5,000**
Gross Income	Not Disclosed	Real Estate
Cash Flow	$75,000	Year Established	2006
FF&E	$50,000*	Employees	3-4 p/t

* included in the asking price

** not included in the asking price

Great business for sale

This profitable deli/restaurant offers a variety of foods with a New York flavor and Southern hospitality. Great breakfasts, lunches and dinners are served offering Boars Head deli meats, special salads, bagels, sandwiches and other delights that cater to the taste buds of all customers. This 1 year-old business is experiencing large growth, is not a franchise and has enormous potential. A new owner has the freedom to add unlimited new items that would result in an immediate increase in sales: offerings such as beer/wine (license required), soft serve ice cream/yogurt, Southern-style BBQ and cappuccino are just the beginning. Or create your own website to expand the growing catering segment that already exists. While this restaurant already offers outside caf -type seating, the addition of wireless internet will keep the customers coming. The inclusion of non-food items like cigarettes and lottery tickets will also attract additional traffic. And just think what an impact opening the doors on Sunday will have on sales! Located in a great strip mall location in a very high-growth area in the southeastern part of the Triangle, this deli is a must-see. While start-up costs normally range from $ 200,000 to $300,000 to open a similar store, this opportunity already includes an established and well-known business with $ 50,000 of equipment and fixtures. This turn-key operation offers extremely consistent financial performance and provides an estimated annual cash flow of $ 75,000.

Competition: Normal number of fast food franchises in the area, but very few non-franchise establishments.

Growth/Expansion: The owner has chosen to spend very little money or time on advertising or marketing this business and there is a great potential to grow additional sales by focusing on off-premise catering and delivery services. Additionally, the store has several key and easy-to-implement opportunities to deliver immediate positive results by adding popular new food and non-food items. This will not only increase pedestrian traffic overnight, but have a positive pull-through effect on sales of existing products.

Financing: The Seller will consider limited owner financing.

Support/Training: Seller will offer training for 2 weeks or as needed.

Reason Selling: Owner has chosen to sell to pursue other personal opportunities.