Iconic Atlanta Deli and Specialty Food Market SDE of $300K+ Priced at $995,000.00
FINANCIAL INFORMATION
- Asking Price: $995,000.00
- EBITDA:
- Gross Revenue: $1,637,040.00
- Cash Flow: $319,888.00
- FF & E: $20,000.00
- Inventory: $20,000.00
- Financing:
BUSINESS LOCATION
Atlanta, Georgia
DESCRIPTION
For over 35 years this has been Atlanta’s “go to” location for the BEST Deli Sandwiches, Platters, and Gourmet SPECIALTY FOODS. Approximately 20% of the revenues are grocery sales, 20% sandwiches, 10% beer & wine, with the remainder take out platters, frozen foods, and Deli meats & cheeses. There is a staff of 8 FT & 6+ PT employees.
INVESTMENT HIGHLIGHTS:
INVESTMENT HIGHLIGHTS:
- This business has been operating successfully for 35+ years.
- Perfectly positioned to either open additional locations or Franchise.
- Private Label products could be expanded.
GROWTH OPPORTUNITIES:
-
The addition of offering the products via e-commerce would drive additional revenue.
-
The Concept is perfectly positioned to open additional locations locally & beyond.
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The catering business could be grown with the addition of delivery & set up.
REASON FOR SALE
Retirement.
FACILITIES
The business operates from a leased 1,700 sq. ft. space with monthly rent of $5,200.00.
Details
- Home Based: No
- Franchise: No
- Distressed: No
- Relocatable: No
- Year Established: 1989
- Year Acquired: 1989
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Monday - Saturday, Closed Sundays
- Hours Open: M-F 10-7 Sat. 10-6
- Full Time Employees: 8
- Part Time Employees: 6
- Building Size: 1700 Sq. Ft.
- Listing Id: SA1639