Deli With Patio Next To Fitness Center
Location:
United States
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California
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Southern California - San Diego Area
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San Diego
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This quaint deli for sale is located on a major boulevard in a high traffic area of Chula Vista. With the recent addition of a major fitness center next door, this is a perfect opportunity for a new owner to capitalize on the built-in clientele of gym customers and expand the menu to include healthy, natural and organic products, or protein based products on fitness smoothies. At present, the deli offers sandwiches, ice cream and coffees, with limited healthy alternatives. The deli is also surrounded by a number of retail businesses, offices and a flourishing adult school, which provide a constant flow of steady customer traffic. Asking Price $85,000.
The deli is located in a 900 square foot facility which leases for $2,400 per month (including CAM). A new owner will likely be offered a new long term lease including options. The sale includes all of the business's furniture, fixtures and equipment, as well as its name and goodwill. The business does not currently have a grill or hood, but one could be added potentially without much difficulty.
Competition is considered medium as other food establishments exist in the area, however, this restaurant has a prime street-front location with a patio, providing it a unique advantage.
The business has significant room to grow. As it has focused on sandwiches and sweets, the recently opened fitness center provides a new breed of potential customers to the shopping center. A new owner may consider changing to the concept to include organic smoothies, protein shakes and juices, vegetarian dishes, wraps, salads and natural energy drinks.
Financials
Asking Price Range: < $250K
Gross Revenues:
$240,000
Cash Flow:
$40,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $26,000
Seller Financing: No
About The Business
Year Established: 2002
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Personal.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700100583
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