#887
Chico Restaurants For Sale

Profitable Franchise Deli in AAA Location

$189,000

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:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Mon-Sat 10-8pm
Sun 10-6pm

Year Established:

2006

Facilities

Indoor Seating:

Outdoor Seating:

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:

Will Seller Lend To Buyer:

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

click for more demographic info

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.

Other Listings in the Area

#6426

Profitable Mexican Restaurant

Lease:
Expires Oct. 1, 2024 with two 5 year options

Monthly Rent:
$5,600

Annual Revenues:
$824,767

Annual Adj. Net:
$198,338

Square Feet:
3,000

Available
$175,000
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