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Glendora Area Deli w/Full Kitchen & Huge Walk-in Cooler Ideal for Catering!

California, Glendora
Asking Price $59,000.00
Gross Income $144,000.00
Cash Flow $144,000.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • RESTAURANTS

  • Deli Restaurant
Overview
This Glendora Area Deli with a full kitchen and huge walk-in cooler is ideal as a deli operation, a restaurant (with a wide variety of concepts), or the base for a bakery or catering kitchen with an onsite food offering. This operation, which has been established for approximately 10 years, is centrally located with major employers as neighbors.
Business Details
Location and Facilities: This 1,000 square foot facility leases for $1,546 on an assumable lease, or one that an be written as a new lease with options. The sale comes with has a full grill, stove, deep fryer, commercial deli slicer and microwave, ice machine, prep tables, 3 compartment sink, oversize walk-in cooler, freezer and multiple deli counters, and seating for approximately 25 patrons.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: This venue is one of only a few deli operations in the Greater Glendora Area. A new owner will likely seek to modify the existing concept to cater to local demands for a variety of ethnic deli style or quick service foods. Similarly, new owners may seek to implement a full restaurant venue, utilize the large kitchen for a catering operation, or expand upon the current mom and pop concept to increase profitability. Competition: There is limited direct competition (franchise delis are not considered direct competition as they are not family style deli operations).

Reasons for Selling: Personal

Financing:

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