Deli Metro Detroit Finest

Detroit, MI

Seller Financing Available

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Asking Price:$699,000
Inventory:$10,000
FF&E:$350,000
Gross Revenue:$950,000
Rent:$3,600/Month
Established Year:2015
BUSINESS DESCRIPTION

Famous Deli is very close to the central business district in downtown Detroit. Offering this Well established business for sale with good terms to a new owner. Grossing over a million annually with a menu of great deli style corned beef signature sandwiches and a wide array of deli meats and cheeses. Freshly cooked corned beef, soups and fresh salads. Updated well equipped kitchen with top of the line equipment. Over 2000 square feet with dining room seating. Paved parking lot. Long term Net lease with ($3500) good terms. Call listing Broker Joe Nahra for appointment to inspect the facility or for more information.


DETAILED INFORMATION
Location
Detroit, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,220
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2220 square foot free standing building with paved parking lot in the rear. Very good condition kitchen equipment and well maintained restaurant. Fully set up kitchen for deli cooking and processing sandwiches. Long term net lease at $3,500.00 monthly.
Competition
This restaurant is unique with the freshly cooked menu items and fast service required for a deli.
Growth & Expansion
High volume carry out at present and catering could be increased for added increase.
Financing
Price at $699,000.00 with $350,000.00 down and terms.
Support & Training
Support and training available provided by seller based on an agreed on schedule.
Reason for Selling
Retiring

BUSINESS LOCATION
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Joe
Nahra
R.E. Consulting Services, LLC
Joe Nahra