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Profitable, Daytime Only - Large Delicatessen With A Food Truck

Redding, California : Restaurants
Listing #2923

Profitable, Daytime Only - Large Delicatessen With A Food Truck - 21 Years In The Same Ownership RRC#: 2923 Asking Price: $145,000 Location: Redding, Shasta County, California Yearly Revenue: $430,752 Yearly Cash Flow: $39,000 Monthly Rent: $2,150 LISTING DESCRIPTION: Large daytime 2,300 square foot Delicatessen with it's own Food Truck which has been in the same ownership for the past 21 years. 2017, sales were $475,000 including the truck at $80,000. The Food Truck has fixed site contracts 3 days per week plus many sort after private catered events. The Deli has a large attractive open display prep and service kitchen area displaying all modern equipment to include, refrigerated prep and display fridges, ovens, microwaves, Ice machine, 2 large glass cake display cases, 2 and 3 door refrigerated worktops, steam tables and many stainless steel tables. The dining room area has a light, airy feel displaying the illuminated menu boards and with a high ceiling. There is ample dry storage and a nice owners office with rear storage and food truck hook up. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Deli is located right on the main freeway in a strip mall with a large, illuminated 25 ft monument sign and surrounded by many hungry tenants who are regular customers. After 21 years the owner wishes to retire and pass the years of goodwill, equipment and lease onto new energetic owners wanting to run and grow their own business. This is an easy operation which would suit an organized buyer wanting to get into the food business for a relatively small investment. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail. GENERAL INFORMATION: Organization: Not Available | Year Established: 1994 | Current Owner: 1997 | Employees: 10 | Seating: 40 | Square Footage: 2300 | Parking: Parking Lot | Licenses Required: Health and Business Licenses | Days Open/Hours: 7am - 7pm Mon - Fri 7am - 8pm Fri & Sat | Reason For Sale: Retirement | FINANCIAL INFORMATION: Yearly Revenues: $430,752 | Yearly Cash Flow: $39,000 | LEASE INFORMATION: Monthly Rent: $2,150 | Lease Expiration: 2021 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 2150 |

Asking Price:

$145,000

Gross Income:

$430,752

(last 12 months)
Cash Flow:

$39,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Profitable, Daytime Only - Large Delicatessen With A Food Truck - 21 Years In The Same Ownership

RRC#: 2923
Asking Price: $145,000
Location: Redding, Shasta County, California
Yearly Revenue: $430,752
Yearly Cash Flow: $39,000
Monthly Rent: $2,150

LISTING DESCRIPTION:
Large daytime 2,300 square foot Delicatessen with it's own Food Truck which has been in the same ownership for the past 21 years. 2017, sales were $475,000 including the truck at $80,000. The Food Truck has fixed site contracts 3 days per week plus many sort after private catered events. The Deli has a large attractive open display prep and service kitchen area displaying all modern equipment to include, refrigerated prep and display fridges, ovens, microwaves, Ice machine, 2 large glass cake display cases, 2 and 3 door refrigerated worktops, steam tables and many stainless steel tables. The dining room area has a light, airy feel displaying the illuminated menu boards and with a high ceiling. There is ample dry storage and a nice owners office with rear storage and food truck hook up. The Deli and Truck compliment each other so well and offer sustainable growth within the Redding area. The Deli is located right on the main freeway in a strip mall with a large, illuminated 25 ft monument sign and surrounded by many hungry tenants who are regular customers. After 21 years the owner wishes to retire and pass the years of goodwill, equipment and lease onto new energetic owners wanting to run and grow their own business. This is an easy operation which would suit an organized buyer wanting to get into the food business for a relatively small investment. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail.

GENERAL INFORMATION:
Organization: Not Available | Year Established: 1994 | Current Owner: 1997 | Employees: 10 | Seating: 40 | Square Footage: 2300 | Parking: Parking Lot | Licenses Required: Health and Business Licenses | Days Open/Hours: 7am - 7pm Mon - Fri 7am - 8pm Fri & Sat | Reason For Sale: Retirement |

FINANCIAL INFORMATION:
Yearly Revenues: $430,752 | Yearly Cash Flow: $39,000 |

LEASE INFORMATION:
Monthly Rent: $2,150 | Lease Expiration: 2021 | Yearly Adjustment: 3% | Lease Option: Negotiable | Security Deposit: 2150 |


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