Burgeoning Encino 5 Day Deli with Solid Earnings
Encino, CA
| Asking Price: | $175,000 |
| Gross Revenue: | $276,507 |
| EBITDA: | $131,973 |
| Established Year: | 2019 |
| Cash Flow: | $131,973 |
| Inventory: | $5,000 |
| FF&E: | $20,000 |
Listing ID: 2218813Listing provided by BizBuySell
BUSINESS DESCRIPTION
Quintcential 5 Day Deli priced to Sell!
This burgeoning absentee run Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space where patrons can enjoy their preferred combination of their preferred coffee and delicious deli delights. With a focus on freshness and quality, This 5 day deli stands out as a go-to spot for area staffers that appreciate the venue’s focus on quality and freshness. Roughly 25% of sales are attributed to its catering services.
DETAILED INFORMATION
Location
Encino, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 1,200 square foot location leases for 13% of gross monthly revenues, including common area maintenance expenses on a lease until 2024 with two 5 year options to extend. The business has 2 electric grills, an oven (under a small hood), a deli slicer, salad prep table, 3 door fridge and refrigerator, 2 reach-in beverage fridges, a cappuccino machine and a 3-bucket sink. All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale. An estimated $5k in inventory will be sold at cost at close in addition to purchase p
Competition
This deli has a significant advantage due to the convenience it offers its patrons, who return as recurring customers due to the venue’s varied offering that include its fresh coffee, premium deli meats, artisanal bread, quality produce and satisfying breakfast, lunch and catered options.
Financing
Seller may consider a small secured carry to help faciliate an SBA loan for a qualifi
Support & Training
Seller will train for 2 weeks at 20hrs per week
Reason for Selling
Personal
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