Established Deli in a Premium Sugar Land Office Building
| Asking Price: | $195,000 |
| Gross Revenue: | $250,000 |
| Rent: | $1,500 |
| Established Year: | 2010 |
| Cash Flow: | $60,000 |
| Inventory: | $6,000 |
| FF&E: | $44,000 |
This is one of the best locations in Sugar Land. Premium building with quality tenants. The office building sits in the middle of a well maintained landscaped campus. Rent is a very favorable 7% of revenue with a minimum of $1,500 per month. The deli has been approved to add a full Starbuck’s section. During Covid the occupancy dropped, but the occupancy is increasing monthly. Last year the deli operator had health issues that kept him away from the daily management. This impacted the revenue. The franchise company (franchisor) purchased the deli back and is offering it to a qualified buyer. A new personally involved owner/operator should be able to increase the revenue almost immediately. The franchisor will provide training and support. Price is plus $35,000 franchise fee.
Building Potential Occupancy: 2,300 Current Occupancy: 800.
