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#887
Chico Restaurants For Sale

Profitable Franchise Deli in AAA Location

$189,000
Profitable Franchise Deli in AAA Location
This Listing is Expired
Easy to run deli showing great cash flow in the first full year. This franchise is located in busy shopping center with multiple anchors. First fiscal years sales of $431,775 with a cash flow of $73,480. This business is showing NO signs of slowing down. Currently owner operated with twelve part time employees this 1300 Sq Ft facility has a base rent of only $3627 a month. This franchise deli has a good feel/ambiance that makes it feel like your neighborhood deli. There is a Type 41 Beer & Wine License included in the sale.

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This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
expires Sept.13 2010
Total Monthly Rent:
$3,627
Security Deposit:
$3,523

Financials

Last Year's Annual Gross:
$390,028
Last Year's Owner's Cash Flow:
$57,100
Last Year's Food Cost %:
37.77
Last Year's Payroll Cost %:
18.51
Last Year's Rent %:
10.9

Operations

Liquor License:
41
# of Part-Time Employees:
12
# of Family Employees:
2
Hours Open:
Mon-Sat 10-8pm
Sun 10-6pm
Year Established:
2006

Facilities

Indoor Seating:
44
Outdoor Seating:
8
Inside Sq. Ft.:
1,300

Highlights

  • Great Cash Flow
  • AAA Location in Busy Shopping Center
  • Multiple Anchors
  • Easy to Operate Franchise Deli
  • 1300 Sq Ft
  • $3627 Base Rent
  • Beer & Wine License Included
  • Business is Growing
  • First Fiscal Year Sales $431,775
  • First Fiscal Year Cash Flow $73,480
  • Great Ambience
  • Excellent Opportunity

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,203 37,619
Households 3-mi. 5-mi
2010 Number Of Households 11,734 12,028
2010 Persons Per Household 3.05 3.04
Median House Value $230,300 $230,251
Income Per Household $64,011 $63,837
Businesses 3-mi. 5-mi
2009 Number Of Businesses 559 569
2012 Number Of Employees 14,524 14,696
2012 Total Annual Payroll $250,434,000 $254,732,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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