30 Years Established Deli Rent Only $2100/Mo Must See!!

Frederick, MD (Frederick County)

Seller Financing Available
30 Years Established Deli Rent Only $2100/Mo Must See!!
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Asking Price: Get Financing: $149,000

Cash Flow: $63,876

Gross Revenue: $330,000

EBITDA: $63,876

FF&E: $50,000

Inventory: $3,000*

Lease Rate: $2,100 /SF/Month

Established: 1988

*not included in asking price.

30 Years Established Deli Rent Only $2100/Mo Must See!!

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Business Description

Excellent opportunity to own a successful well established breakfast and lunch operation. There is an excellent lease in place, rent including NNN is only $2,100. All equipment is in good working condition, good book-keeping in place. Same owner for 30 years looking to retire. Lots of opportunity for a new owner who is creative in menu development.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,394
Lease Expiration:
9/27/2021
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1394 square feet, 24 seats inside, 8 seats outside. Detail equipment list available contact Broker
Competition:
This is located in the downtown area of Frederick
Growth & Expansion:
New owner with new ideas in the area of product development, expanding marketing and advertising (social media, etc), adding a full time delivery service, could easily increase sales by $200 a day which would improve cash flow for an owner/operator.
Financing:
Note: Financing through the broker
Support & Training:
Yes, 2 weeks if needed
Reason for Selling:
Retiring
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Mike Saedlo

Business Listed By:
Mike Saedlo

Mike Saedlo Group, LLC

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