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Profitable Peninsula Deli | $175K NET | $1,310 Rent | Type I Hood

  • Status: Available
  • Price: $195,000

William Cattleya

License No:
DRE #02145432
Email:
william@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 4768
  • Status: Available
  • Area: San Mateo County
  • Price: $195,000

Description

Profitable Peninsula Deli | $175K NET | $1,310 Rent | Type I Hood

Established neighborhood deli generating approximately $425,000 in annual gross sales with seller-stated cash flow (net income) of approximately $175,000 (2025). This well-established business has built a loyal customer base over decades and enjoys consistent repeat business with very little advertising. The current owner operates limited hours, creating an excellent opportunity to increase revenue through expanded operating hours, additional marketing, or menu expansion.
The business occupies approximately 1,500 square feet and benefits from an exceptionally low monthly rent of only $1,310, making it difficult to find comparable occupancy costs in today’s market. The lease includes 4 years remaining on the current term plus two additional 5-year renewal options, providing long-term stability.
The kitchen is fully equipped with a Type I hood and grill, allowing a wide variety of hot food offerings including breakfast, burgers, sandwiches, and deli favorites. The business currently operates Monday through Saturday, 8:00 AM to 5:00 PM, leaving clear upside for a motivated owner by extending hours or adding Sunday service.
The seller is retiring and will provide training to facilitate a smooth transition.

Financial Highlights
Asking Price: $195,000
Annual Gross Sales: Approximately $425,000
Seller-Stated Cash Flow / Net Income: Approximately $175,000
Annual Cost of Goods Sold: Approximately $132,000
Annual Payroll: Approximately $80,000
Monthly Rent: $1,310
Approximate Inventory: $15,600 (not included in purchase price)
Business Highlights
Established neighborhood deli
Loyal repeat customer base
Very little advertising required
Type I hood and grill
Approximately 1,500 sq. ft.
Exceptional below-market rent
4 years remaining on lease plus two 5-year options
Opportunity to increase revenue through expanded hours
Training included
Confidential Peninsula location

Business Information

Ownership Type: Sole Proprietorship
Year Established:
Year Purchased:
Business Type: Deli
License(s) Required:
Hours of Operation: Monday through Saturday, 8:00 AM to 5:00 PM
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4768
Date Available: 07/08/2026
Reason For Sale: Retiring

Financial Information

Annual Total:
$425,000
Revenue:
Annual Net Income:
$175,000
Inventory:
Monthly Payroll:
$6,666

Lease Information

Base Rent:
$1,310
Lease Expires:
4 years remaining
Lease Option:
two additional 5-year renewal options
NNN:

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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