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#5782
Ventura Restaurants For Sale
Thousand Oaks Restaurants For Sale
Simi Valley Restaurants For Sale

Profitable Thousand Oaks Deli - Best Sandwiches in Ventura County!

$129,000
Available
Profitable Thousand Oaks Deli - Best Sandwiches in Ventura County!



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Well-established deli in Thousand Oaks has been a go-to destination for locals for the last 40 years! 

Rarely do you see an opportunity to acquire a business that is profitable and has SO much opportunity for growth.

Using only word-of-mouth advertising and relying on the business of regulars, this deli has thrived due to their incredible gourmet sandwiches & great location. With no delivery or advertising the business has provided the owner with sustainable profits evidenced by his two homes and putting his kids through college! The current owner is looking to retire and just doesn't have the desire to grow the operation. He currently operates 5 days a week from 9am-4pm and is closed on all holidays.

Imagine what you could do simply by expanding the hours and working the delivery side of this business. Start with delivery services such as Grubhub, Doordash, and Postmates services and grow this business to its full potential! Current owner has also had success working the catering side of the business, but hasn't invested as much time or effort into developing this side of the business. These are two HUGE revenue generators in this business that haven't even been touched... & it's still a profitable business! 

In short, grow this business by doing (1) delivery services, (2) advertising and marketing, and (3) promote the catering business.  This will certainly produce great results!

This is a minimal staffing business at it's current capacity with only two employees and a working owner. Since Covid hit, the owner's wife has also assisted in the front of the deli. 

The deli is 900 Sq. Ft. with a total all-in rent of $3,971. Inside seats 24 and outside seating for 4. There will be a new lease for the buyer. 

 

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Kyle Swanson DRE License #Arizona SA692125000 California 02121077

Lease

Region:
Ventura Restaurants For Sale
Thousand Oaks Restaurants For Sale
Simi Valley Restaurants For Sale
Lease Term:
New Lease with Similar Terms and Conditions
Total Monthly Rent:
$3,971

Financials

Last Year's Annual Gross:
$301,449
Last Year's Owner's Cash Flow:
$41,942
Last Year's Food Cost %:
43.2
Last Year's Payroll Cost %:
14.3
Last Year's Rent %:
17.1

Operations

Liquor License:
None
# of Full-Time Employees:
1
# of Part-Time Employees:
1
Hours Open:
9am-4pm Tuesday-Saturday
Year Established:
1976

Facilities

Indoor Seating:
24
Outdoor Seating:
4
# of Parking Spots:
Plenty
Inside Sq. Ft.:
900
Outside Sq. Ft.:
25

Highlights

  • Greatest Deli Sandwiches in the Ventura and LA Area
  • Amazing Opportunity to Grow This Business
  • Add Delivery
  • Add Catering
  • Add Advertising and Marketing
  • Do the Social Media
  • Reap the huge increase in sale
  • This is a great product

Financing

Down Payment:
$33,418
Will SBA Finance:
Yes
Est. Monthly SBA Loan Payment:
$1,517
Est. Annual Interest Rate:
6.5%
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,001 139,186
Households 3-mi. 5-mi
2010 Number Of Households 13,563 51,126
2010 Persons Per Household 2.65 2.67
Median House Value $631,600 $639,989
Income Per Household $104,715 $104,011
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,797 6,180
2012 Number Of Employees 41,698 142,384
2012 Total Annual Payroll $1,341,189,000 $4,098,002,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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