Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#3149
Pasadena Restaurants For Sale

Profitable Deli On Busy Avenue, With A 20 Year History!!

$119,000
Profitable Deli On Busy Avenue, With A 20 Year History!!
This Listing is Expired

Are you looking for an established profitable restaurant that still has loads of growth potential?

If you are a "serious qualified buyer", the owner will show you financials from 2009 and YTD 2010 to verify on the books profit!

What a great opportunity to take over a restaurant operation with a 20 year reputation for great food and excellent service!

You can grow the business even more by doing a few simple things, for example; create a web site for the restaurant, develop a customer email address base so you can send out regular guest incentives. Use social networking, such as, twitter, facebook etc., the modern way of telling your friends by "word of mouth". None these are currently being done, but are a necessity today in marketing your product!

You can bring in beer and wine, they are great profit makers!

Use the banquet room as regular source of additional sales; you can book monthly breakfast, lunch or dinner meetings from local service clubs, chamber of commerce etc., along with guest birthday parties, rehearsal dinners, baby or bridal showers and more.

Deli food is perfect for catering social or business events off premise.

Offer the convience of a lunch or dinner delivery to local business and residences in the area, something else that is not being done now.

This restaurant has been in the same shopping center for over 20 years, with plenty of parking and easy access. There is a total of 4500 sf including; a fully equiped kitchen, dinning area and banquet room. The kitchen is large, with plenty of capacity for banquets, deliveries, catering and dine in guests.

The current owners have had a death in the family and they can no longer manage and grow this location to its full potential.

THIS IS YOUR OPPORTUNITY!

For the address and more photos, click on the orange button below, just follow the prompts and register at no charge.

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

Lease

Region:
Pasadena Restaurants For Sale
Lease Term:
4 years +5 +5 +5
Total Monthly Rent:
$9,250
Security Deposit:
$7,500

Financials

Last Year's Annual Gross:
$730,000
Last Year's Food Cost %:
290005
Last Year's Payroll Cost %:
292434
Last Year's Rent %:
11

Operations

# of Full-Time Employees:
7
# of Part-Time Employees:
11
Hours Open:
5:30 am to 9 pm 7 days
Year Established:
1990
Hood System Type 1:
Yes

Facilities

Indoor Seating:
125
Inside Sq. Ft.:
4,500

Highlights

  • Restaurant Shows A Profit!
  • Established Deli Over 20 Years!!
  • Plenty Of Parking!
  • Easy Access!
  • Established Deli Over 20 Years!!
  • Busy Location!
  • Has Lots More Potential!

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 35,385 194,431 431,777
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,079 54,817 115,825
2010 Persons Per Household 3.41 3.39 3.65
Median House Value $335,900 $355,250 $339,081
Income Per Household $66,268 $63,414 $61,560
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 485 3,388 7,154
2012 Number Of Employees 13,398 115,540 253,326
2012 Total Annual Payroll $222,776,000 $2,107,386,000 $4,294,967,295

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.


Terms Of Use     © 2024