SUBARAMA , 21 year Profitable Delicatessen with Successful Food Truck

Shasta County, CA

SUBARAMA , 21 year Profitable Delicatessen with Successful Food Truck
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Asking Price: $167,180

Cash Flow: $56,837

Gross Revenue: $449,976

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

SUBARAMA , 21 year Profitable Delicatessen with Successful Food Truck

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Business Description

SUBARAMA , 21 year Profitable Delicatessen with Successful Food Truck Operation Included

RRC#: 3290
Asking Price: Offered At $167,180
Location: Shasta County Annual Revenue: $449,976
Annual Cash Flow: $56,837
Monthly Rent: $2,150

Listing Description:
Here is your chance to own and operate a successful 2,300 square foot Delicatessen with it’s own Food Truck located right on the off ramp of I-5 in Redding California. After 21 years the owner wishes to retire and pass the many years of goodwill, equipment, catering contracts, established food truck routes and lease onto new energetic owners wanting to run and grow their own business. 2018, sales were $449,976 including the truck around $80,000. Cash flow was $56,837 for the year. The Food Truck has many fixed site contracts 4 days per week plus caters many sort after private events. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Food Truck has the ability to substantially grow the business with catering and the many event opportunities in the area. Subarama has been a Redding’s favorite for many years mainly because of the excellent quality of their food. There is a large attractive open service kitchen area displaying an array of freshly baked breads, sliced meats, salads, desserts and sumptuous soups. The equipment is all modern and includes, refrigerated prep and display fridges, ovens, microwaves, Ice machine, 2 large glass cake display cases, 2 and 3 door refrigerated worktops, steam tables and many stainless steel worktops. The dining room area has a light airy feel displaying the illuminated menu boards. There is ample dry storage and a well positioned office with ample rear storage and food truck hook up. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Deli is located right on the main freeway with a large, illuminated 25 ft monument sign and surrounded by many tenants who are also regular customers.This is an easy operation which would suit any buyer wanting to get into the food business for this relatively small investment. Owner may carry up to 50% of the asking price to well qualified buyers with strong financials, good credit and management experience in the foodservice industry Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker’s contact information so you can discuss this opportunity in more detail and set up a behind the scenes walk through of the business

General Information:
Organization: Inc
Established: 1994
Current Owner: 1997
Employees: 10
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $37,498
Monthly Cash Flow: $3,250
Annual Revenue: $449,976
Annual Cash Flow: $56,837
Payroll: $8,887
Monthly Revenue: $37,498
Monthly Cash Flow: $3,250

Detailed Information

Location:
Shasta County, CA
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Contact the Seller

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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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