Description

Prime location office deli in the hub of city known for its corporate corridors and countless office buildings is available for acquisition. This location was established two decades ago and was later acquired by the current owner of the business in late 2014. No competition is in the facility, but various restaurants surround this office building which doesn't affect sales as majority of the customers are office employees. The luxurious apartment complex also house many customers that dine at this cafe along with the employees of this office building which is located nearby. Daily sales in 2015-2016 run around $750-800 which can be increased through proactive marketing outside of the office buildings. Due to astonishingly low rent of $550 per month which also includes electricity, water, and light replacements, profitability of deli is far above any other deli. No proactive marketing is current done and it could prove extremely beneficial if this deli was advertised towards adjacent office buildings. Addition of a commercial grill will increase sales since the deli would be able to provide better quality hot food in a quick fashion. High percentage of occupancy of this office building (always above 80% occupancy) provides this cafe with a much needed loyal customer base. Their menu consists of sandwiches, burgers, fries, fish, shrimp, paninis, philly steaks, and daily specials each week. Through new ownership of this cafe, this business can reach the full sales potential with proactive marketing and more variety of items offered at this cafe.

Furniture, Fixtures & Equipment: Not Disclosed
Inventory: $3,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 1996
Employees: 1FT/1PT

Facilities: This cafe is 2,000 SF in 80% of occupancy office building with new management and owner. Landlord provides some janitorial services such as emptying trash and other minor tasks. All equipment is in working order and in impeccable condition.Support/Training: Owner will provide training during a 2 week period to smooth out the transitioning period into the business.
Reason Selling: Family Concern.
Competition: No competition inside the office building, but there's some restaurants outside of the facility which doesn't affect sales as a majority of customers are employees from the office.
Growth And Expansion: Proactive marketing is currently not done by the current owner of the business. Advertising to the adjacent office building and addition of new equipment can provide an ample increase to the sales.

Posted Aug 26, 2016

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