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For Sale: Deli Eatery - Solid Earnings, High Traffic - Encino, California

$225,000.00

Asking Price

  • Address: Encino,

  • Status: Active

  • Posting ID: 285719

  • 6/15/24

Encino Deli Eatery - Solid Earnings, High Traffic Business For Sale

Description

This burgeoning Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours. The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space where patrons can enjoy their preferred combination of their preferred coffee and delicious deli delights. With a focus on freshness and quality, This 5 day deli stands out as a go-to spot for area staffers that appreciate the venue’s focus on quality and freshness.  Roughly 25% of sales are attributed to its catering services.

This 1,200 square foot location leases for 13% of gross monthly revenues, including common area maintenance expenses on a lease until 2024 with two 5 year options to extend.  The business has 2 electric grills, an oven (under a small hood), a deli slicer, salad prep table, 3 door fridge and refrigerator, 2 reach-in beverage fridges, a cappuccino machine and a 3-bucket sink.  All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale.  An estimated $5k in inventory will be sold at cost at close in addition to purchase price. 

This deli has a significant advantage due to the convenience it offers its patrons, who return as recurring customers due to the venue’s varied offering that include its fresh coffee, premium deli meats, artisanal bread, quality produce and satisfying breakfast, lunch and catered options. 

With a focus on quality and customer satisfaction, new operators may want to market to those who aren’t aware of the deli’s value proposition, while promoting their catering options.  They may also consider expanding the dine-in or catering menu to attract higher margin sales and to attract customers that which for additional options.  As the venue does not have a full hood, the addition of cooking equipment with an electric hood may be considered - should the landlord and health department approve it.  

To get more information about this Deli Eatery - Solid Earnings, High Traffic business for sale in Encino please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285719 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Deli Eatery - Solid Earnings, High Traffic, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.

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Contact

  1. Name: Ryan Clark
  2. phone iconPhone: 310-652-8353
  3. phone iconPhone: --

Details

  1. Asking Price: $225,000.00

  2. Down: $260,000.00

  3. Cash Flow: $131,973.00

  4. Revenue:    $276,507.00

  1. Area: Encino

  2. City: Encino

  1. Attributes:

    Broker CooperationTraining & SupportFor Sale By Owner

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