Profitable Deli Making A Minimum of $1,200 in Sales Per Day

Van Nuys, CA (Los Angeles County)

Seller Financing Available
Front of Deli.
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Asking Price: Get Financing: $324,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $1.59 /SF/Month

Established: 2012

Profitable Deli Making A Minimum of $1,200 in Sales Per Day

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Business Description

Prestigious deli for sale in the heart of Van Nuys, on Van Nuys Blvd. Profitable deli currently making: $1,200 - $1,500 or more daily sales. Most of the customers are in the store and perhaps 25% of it being delivery. They advertise on Doordash, Uber, Postmates, Grubhub, etc and that has been working well. The restaurant is probably the cleanest restaurant in the Van Nuys area and their customers have stated this on multiple occasions. We use only boar's head meat for our sandwiches and qualify ingredients. All of our deli salads are made fresh daily in the mornings. We do not microwave food. We do not use leftover food. We make our chipotle dressing as well as hot sauce which has become a favorite among customers. Yelp rating is: 4.5 stars and on Google review it is: 4.6 stars. The major equipment and furniture currently in the restaurant belongs to the landlord and is included in the lease. The new buyer will just have to maintain them in good condition. Current rent is: $3,500 per month. Trash and water is paid separate to the landlord at: $150 per month. Electric bill is paid by tenant between: $800 - $1,100 per month. Gas is paid by tenant which is under $250 per month. 2 part time employees and 1 full time owner/general manager. The monthly income for 2 part time employees comes out to: $2,800 per month. Within the last 2.5 months the POS system reported: $23,663.90 in cash after tips are deducted. The Average Net profit to owner operator is about: $9,600 per month.

PLEASE BE VERY DISCREET. Employees are Not Aware of the sale.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
9/30/2019
Employees:
3
Financing:
Possible, let's make a deal happen.
Business Website:
http://matrix.crmls.org/matrix/shared/lM8qy6f6ZMGd/VanNuysBoulevard
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Fernando Spindola

Business Listed By:
Fernando Spindola REALTORĀ®

INTERO Commercial

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