20 Year Independent Profitable Delis for Sale

Reno, NV (Washoe County)

Seller Financing Available
20 Year Independent Profitable Delis for Sale
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Asking Price: $677,375

Cash Flow: $250,880

Gross Revenue: $963,317

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Established: 1994

20 Year Independent Profitable Delis for Sale

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Business Description

Well-known and loved by the community, products from these two delis have been in high demand since the day they opened. One of the delis is set in a high-end, high-density residential area, where the population continues to boom; the other is set in a part of downtown Reno that enjoys a constant flow of foot and drive-by traffic. Both delis are an integral part of the Reno community. For over 15 years, locals have lined up out the door for their made-from-scratch, baked-on-site products. They serve breakfast and lunch, offering a wide variety of gourmet sandwiches, baked goods, and coffee drinks. They use only the freshest ingredients. The businesses are housed in buildings with great curb appeal and outdoor eating in the summer. The ambience is cozy and inviting, and the customer service is fantastic. The businesses do very little advertising and have excellent reviews on social media. The owner is active (around 40 hours a week) with overseeing operations and filling in when needed. Both delis are absolutely turnkey. This is an excellent opportunity for someone who would love to be involved with Reno’s vibrant community. These businesses have been in the local community for over 15 years and the owner has built them into the success they are today. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Location:
Reno, NV
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One 1,000 sf facility, and one 1,500 sf facility. Both are in prime locations, with great atmospheres – outdoor seating during the summer at one location and on-site baking at the other location. Both are easy to access and have ample parking.
Competition:
These delis have solid customer bases that reach beyond their neighborhoods. They have a great reputation for their friendly, professional staff; for using quality products; and for supporting the local high school and other community events. They enjoy a very loyal, repeat customer base.
Growth & Expansion:
The businesses enjoy a great word-of-mouth reputation and do little advertising. There are many revenue streams a new owner could take advantage of to take the business to a new level: expand the catering side to provide lunches to the large industrial complexes in the area, cater to parties and weddings, expand the delivery route to and around Tahoe, add a food truck to the operation, add wholesale accounts, and expand into the evening hours with a dinner menu.
Financing:
Seller will carry with an SBA Loan or a Satisfactory Down Payment
Support & Training:
Negotiable
Reason for Selling:
Pursuing Different Business Interests
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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