Deli – Cafe
- Status: Available
- Price: $349,000
Description
This well established Cafe & Deli place is on a 1,500 sq.ft space with Base Rent of $1,224 a month. Lease expires 2026 with 1 x 5 years Option. The Business has been established in year 2000 under the same ownership. There are 3 x employees with $8,000 payroll who help the owner to run the business. It is located close to major Roads, Academy, Schools and Library. Seller claims his Gross Annual Sale is about $420,000 and he is open only from 8 00 am-5.00 pm Monday – Sat. Seller is ready to retire.
Business Information
Ownership Type:
Sole Proprietorship
Year Established:
2000
Year Purchased:
2000
Business Type:
Cafe & Deli
License(s) Required:
Business, Health
Hours of Operation:
8.00 am-5.00 pm Monday- Sat.
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4020
Date Available:
09/13/2021
Reason For Sale:
Retiring
Financial Information
- Annual Total:
- $420,000
- Revenue:
- $420,000
- Annual Net Income:
- $200,000
- Inventory:
- Monthly Payroll:
- $8,000
Lease Information
- Base Rent:
- $1,224
- Lease Expires:
- 2026
- Lease Option:
- 1x5 years Option
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: