Turnkey Licensed Deli in Madison Heights

Madison Heights, MI

Seller Financing Available

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Asking Price:$125,000
Gross Revenue:$480,000
Rent:$2,700
Cash Flow:$120,000
Inventory:$8,000
Established Year:1996
BUSINESS DESCRIPTION

Licensed Deli in Madison Heights! Seller is ready to retire!

Don’t miss out on this opportunity to take over this popular turnkey Deli that’s been in business since 1996! The seller is ready to retire! There

Listing Agent: Joe Barbera

Business Price: $125,000
Down Payment: 50% Down
Monthly Payment: TBD
Interest Rate/Amortization Period: 7 % for 5Years

Days Open: 7
Hours Open: Mon-Sat: 11am-7:30om/Sun: noon-7:30pm
Date Established: 1996
Date Acquired: 2000

Security Deposit: $3,000
Rent: $2,700
Lease Period: 5 years
Option(s) to Renew: Yes
Building Price: N/A
Terms: N/A
Is Help Aware of the Sale? No
Reason for Sale: Retiring


Are many locations and this location is easy to run!
State of the art equipment and this Deli has won
Multiple awards for being the best Deli in Metro Detroit!


DETAILED INFORMATION
Location
Madison Heights, MI
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Employees
5
Support & Training
Seller will train for two weeks
Reason for Selling
Retiring
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Joseph
Barbera
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Joseph Barbera