Profitable Deli for Sale in Colorado Foothills - Close to Colorado Spr

Teller County, CO

Seller Financing Available
Profitable Deli for Sale in Colorado Foothills - Close to Colorado Spr
Contact Seller

Asking Price: $159,000

Cash Flow: $76,743

Gross Revenue: $478,858

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,784 /Month

Established: 2005

Profitable Deli for Sale in Colorado Foothills - Close to Colorado Spr

Save Print Share Valuation Report

Business Description

Only About 20 Minutes from Colorado Springs

This profitable and established Deli for Sale with Bakery in the foothills of Colorado features an incredible location with breathtaking mountain views! 25% Seller Financing Available for Qualified Buyer. Seller motivated! Bring an offer!
This well-established deli for sale has been operating since 2005 in a great location with maximum traffic counts. The current owner is a talented, successful, multi-unit restaurant owner who wishes to sell to focus his attention on his out-of-state restaurants. This restaurant has a Manager in place but has always been run absentee by the owner. What it really needs to bring it to the next level is a ''hands-on'' owner/operator.
Currently open for breakfast and lunch, it features a wide variety of sweet and savory breakfast items, mouth-watering sandwiches, scrumptious baked goods, fresh salads, & daily homemade soups. Also has free WIFI, off-street parking, and family-friendly atmosphere.
Located perfectly and with great online reviews, the deli for sale by We Sell Restaurants has plenty of parking [very rare and desirable in this tight, mountain community]. It features a beautiful patio with incredible views that seats 45 plus another 40 inside. This store also has a walk-up counter and plenty of display room for its Boar's Head meats and cheeses as well as fresh made baked items. There is a new POS system and a very new, attractive menu board.
Current rent is $2778 per month for 1600 square feet that put occupancy costs under 5%. Sales for 2019 are projected to exceed $500,000. With earnings of over $75,000 for an owner/operator.
The deli for sale has a fully equipped commercial kitchen has a walk-in, double-stacked convection ovens, a dishwasher that is owned [not leased] as well as plenty of hot and cold holding equipment. The entire restaurant is well lit and spotless. The team is established and well trained. The Seller will stay on for a negotiated period of time to assist in a smooth transaction.
This deli for sale is located in a prosperous mountain community is nestled in the foothills of Colorado's Front Range but is still an easy 20-minute commute from I-25. It is the gateway to Colorado's favorite mountain tourist destinations as well as Pike's Peak and the vibrant casino town of Cripple Creek. Some Seller financing could be available to a qualified Buyer.

Detailed Information

Location:
Teller County, CO
Real Estate:
Leased
Building SF:
1,600
Lease Expiration:
11/1/2021
Employees:
10
Facilities:
Equipment List QTY Item 10 Wire Storage Shelves 2 Microwaves 1 Slicer 2 Sandwich top refrigerators 3 Reach in Freezers 2 48 in Display Cooler 1 72in Display Cooler 2 Convection Ovens 2 Grill and Stove 1 Ice Maker 1 Dishwasher 1 30in Work Table 1 46in Work Table 1 Food Processor 1 Mixer 1 Portion Scale 2 Food warmer 1 Back lit Menu Board 2 Toaster 2 POS Terminals 1 Computer 1 Printer and Scanner 32 Dining Room Chairs 14 Dining Room Tables 45 Patio Chairs 17 Patio Tables 1 Espresso Machine 1 Assorted Dishes Utensils Storage Containers 1 Induction Warmer 1 Bread Machine 1 High Chair 4 Carts 1 Paging System 1 Garden Hose 1 Pressure Washer
Competition:
Great visibility on main highway through town Rare off street parking Great reputations with locals and online
Growth & Expansion:
Catering and delivery using your own methods or a Grub Hub like partner is a key opportunity This location has never had an owner operator
Financing:
75%
Support & Training:
10-14 days
Reason for Selling:
Other
Business Website:
http://www.wesellrestaurants.com
Contact Seller

Contact the Seller

Contact Seller Loading

Bob Steinberger

Business Listed By:
Bob Steinberger

We Sell Restaurants

Show Phone Number

View My Listings


Sponsoring Broker:
Eric Gagnon

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1654444 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Russo’s New York Pizzeria

Franchise Opportunity
Cash Required: $200,000