Multi-Generational, Award-Winning Restaurant/Deli in Downtown Location

Minnesota
Award-Winning Restaurant/Deli
Asking Price:$375,000
Gross Revenue:$815,184
Established Year:1997
Cash Flow:$123,791
FF&E:$30,000
BUSINESS DESCRIPTION

Award-winning, multi-generational family delicatessen located in a prime downtown location for sale. The business is consistently profitable year over year. Limited 3 hours per day (M-F 10:30am-1:30pm) , low overhead, and profitable food items make this a very successful venture. They offer dine-in, to-go orders, delivery/online ordering (Bite Squad, Ritual, EZ Cater, etc.) and catering. Rent is CAM plus 5% of monthly sales. 2023 annual revenue of $815,000 with an owner’s adjusted net income of $123K+. Attractively priced at $375,000. For more information, please contact Duane Johnson, Christopher Lappen or Jean-Marc Johnson.


DETAILED INFORMATION
Location
Minnesota
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,638
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Negotiable
Reason for Selling
Retirement
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