Jewish Deli For Sale

www.GlobalBX.com

Listing ID: 700282833

Listing Title: Jewish Deli For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=282833

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Florida

Area

City: Lake Worth

Asking Price Range: $250K - $500K

Gross Revenues: $830,680

Cash Flow: $40,522

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1986

Number of Employees: 20 - 34

Business Description:
Jewish Deli for Sale located in Lake Worth, Florida. Consistent sales in excess of $830,000 yearly and rent expense of less than 8% of gross Sales! This Deli for Sale is a cash cow for an owner/operator. With sales of $830,000 and rent expense of only $95,000, that is a recipe for success! This Deli for Sale cranks out sales with three separate income streams. First with in-house dining in the 170 seat dining room, second, by selling appetizing products search as smoked fish, salads, cheese, meats and pastries to go, and, third, by providing catering for the thousands of people living in the vicinity of Lake Worth, Florida. The restaurant features a 4COP SFS liquor license. This means you can offer beer, wine and liquor to your guests. Top-line sales will once again exceed $1,200,000 this year in this Kosher style Deli for Sale offered by the restaurant brokers. The rent for this 5.600 square foot Deli for Sale is a very low $7,922 including all CAMS and is easily supported by the top-line sales and earnings. Located in a strip center with other retailers and service providers, this location is surrounded by many popular gated communities. More than 40,000 vehicles travel on the very busy road and parking will never be a problem as the plaza has ample parking for all of its guests. The lease expires in 2021 and you get a five year option to extend the lease when you purchase this deli for sale. Located in the City of Lake Worth, this Deli for Sale is fully equipped with commercial equipment that was built with high volume in mind. This is a landmark Deli for Sale with nearly a 30-year legacy, it's time to bring in a new owner - could it be you? If you have any questions please call your certified restaurant broker, Ken Eisenband, at 561-350-3365



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