Franchise Deli with Starbuck’s – 10 yr Lease - No Rent - No Utilities
| Asking Price: | $90,000 |
| Inventory: | $6,000 |
| Established Year: | 2011 |
| Gross Revenue: | $170,000 |
| FF&E: | $60,000 |
Located in the northwest section of Houston in a high-end business area. The deli is about 2,750 sq. ft. and the building is just under 207,000 sq. ft. More important than the size of the building, is that between 7 am and 5 pm, the
building has a foot traffic of about 1,100 people. Historical data shows delis of this type usually gross between $1.50 and $1.75 per person, per day. This reinforces the reported sales revenue. [The deli was only open about 3 months
before the Covid Virus closed many businesses. Many businesses reduced their number of employees or allowed them to work from home.] In addition to the daily foot traffic, there is a major tenant with an evening shift that has between 400 and 500 people between 5 pm and 11 pm and about 300 people on Saturday.
