Business For Sale Listing 137141
Downtown Deli & Catering $350K Sales
Status as of Jan-6-2009 at 06:03 PM: Active
Business Summary
This profitable business is located in a Class A Office Building in the heart of downtown Cincinnati. Current owner has major health issues that are forcing him to sell this business for only $99,000. Seller income is $52,000 annually so a buyer can make his money back in less than 2 years. There are 3500 tenants in his building alone! He can seat 91 customers in his 2700 square foot space. In addition, there are 50,000 people who live or work within one square block of this deli. The new downtown skyscraper is being built close by. They have many weekly catering clients who depend on them for client meetings and special occasions. This is a Monday to Friday business at present operating from 8 am to 3 pm daily. Owner has gone to extremes to make sure that this is a Class A operation in both appearance, cleanliness, and operations. This is not your average deli. The company’s focus has been to offer the best hot subs, fresh made gourmet sandwiches, panini, salads, wraps, kids meals, soups, beverages, and desserts. The owner feels that getting a beer and wine license along with opening on the weekends and marketing to more businesses could easily drive sales to the $1 million dollar mark. Downtowners do spend more money on food as the average ticket price exceeds $10.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($349,000) |
| Profits: |
Under $100 Thousand ($52,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($99,000) |
