Turn-Key Deli in Oakland County

Oakland County, MI

Seller Financing Available

listing image
Asking Price:$298,999
Inventory:$15,000
FF&E:$200,000
Gross Revenue:$474,826
Rent:$5,500/Month
Established Year:2020
BUSINESS DESCRIPTION

Make It Your Own Concept

This deli is in a busy plaza close to offices and industrial businesses. It offers a wide selection of sandwiches, specialty salads, soups, and catering services. A new owner can keep the same concept or completely change it to their own. The current owner is absent and retiring due to health reasons. The place is turn-key for a new operator. No marketing is being done, so a new owner can grow the business by advertising to local businesses and on social media.

Lease is $5,500 with two additional 5-year options.

Owner is willing to do seller financing with $150,000 down, amortized for 3 years at 8%.


DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,288
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 3,288-square-foot business is located in a busy plaza with high visibility.
Competition
Normal competition for this area.
Growth & Expansion
No marketing is being done, so a new owner can grow the business by advertising to local businesses and on social media.
Financing
$150,000 down. Amortized for 3 years at 8%.
Support & Training
The seller will train a new owner.
Reason for Selling
Retirement
Report an Issue with this listing
profile-img
Nadir
Jiddou
logo-img
Nadir Jiddou