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Upper Crest Deli

  • Status: Available
  • Price: $335,000

Sodaba Anwari

License No:
DRE #02093280
Email:
Sodaba@lbaweb.com
Office:
510-564-4433
Mobile:
510-375-9757
  • Listing No: 4141
  • Status: Available
  • Area: San Mateo
  • Price: $335,000

Description

Deli Business Making $175,000 Net Income!!

Highly profitable family operated Deli, which has been established since 1970. A local favorite in the area and was voted best burger in 2018. There is no other business like this in the area. Owner will train and  support the new buyer. Very little advertising needed, exceptionally popular in the area. This Deli has potential to make extra Revenue if open 7 days a week and extend hours. Seller claims his gross annual sales is about $450,000 and he also claim his Net Income is about $175,000 a year.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 1970
Year Purchased: 2003
Business Type: Deli
License(s) Required: Business, Health
Hours of Operation: 8am-5pm Monday - Sat.
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 4141
Date Available: 05/20/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
450,000
Revenue:
Annual Net Income:
175,000
Inventory:
5,000
Monthly Payroll:
2,700/m

Lease Information

Base Rent:
1,224/m
Lease Expires:
2027
Lease Option:
1 x 5 years option
NNN:

Financing Information

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

Contact Us

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