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35 Year Deli, Grocery, & Produce Company

Cincinnati, OH
listing image
Asking Price:$220,000
Gross Revenue:$613,000
EBITDA:$86,000
Established Year:1987
Cash Flow:$86,000
Inventory:$6,000
FF&E:$30,000
Listing ID: 2068219Listing provided by BizBuySell
BUSINESS DESCRIPTION

The retirement aged & original owner of this “hidden gem” is proud of the excellent reputation that has been established by his staff. The store offers a wide range of options for sandwiches, salads, and produce all made with fresh ingredients. The deli counter allows for customizations and the salad bar is a great way to get a healthy meal.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan approved
Loyal customer base
No debt in the company
Catering can be expanded
Price includes all inventory
Only open 20 hours per week
Independent – not a franchise
Real estate available to purchase
Price includes all equipment valued at $30,000
Clean books and records – all numbers are verifiable

DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates out of a 2,300 square foot standalone building that has been well – maintained. There is plenty of parking and it is located on a main street in the community.
Competition
This deli has been such a major part of the community that customers flock to it and recommend it to all of their friends.
Growth & Expansion
Increasing the hours the business operates from 20 hours per week would certainly be the quickest way to build the business. Expanding catering to local businesses, adding beer and wine, soft serve ice cream, ATM machines, and the lottery would be growth ideas as well.
Financing
SBA loan eligible
Support & Training
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling
The owner is of retirement age.
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Dan Long
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