Burgeoning Encino 5 Day Deli With Solid Earnings

Business Overview:

This burgeoning absentee run Encino eatery is the quintessential 5-day deli opportunity that boasts solid earnings despite its abbreviated operating hours.  The venue, which is known for its high foot traffic location and inviting atmosphere, provides a cozy space where patrons can enjoy their preferred combination of their preferred coffee and delicious deli delights. With a focus on freshness and quality, This 5 day deli stands out as a go-to spot for area staffers that appreciate the venue’s focus on quality and freshness.  Roughly 25% of sales are attributed to its catering services.

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Property Features and Assets:

This 1,200 square foot location leases for 13% of gross monthly revenues, including common area maintenance expenses on a lease until 2024 with two 5 year options to extend.  The business has 2 electric grills, an oven (under a small hood), a deli slicer, salad prep table, 3 door fridge and refrigerator, 2 reach-in beverage fridges, a cappuccino machine and a 3-bucket sink.  All of the business’s furniture, fixtures, equipment and goodwill will be included in the sale.  An estimated $5k in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

This deli has a significant advantage due to the convenience it offers its patrons, who return as recurring customers due to the venue’s varied offering that include its fresh coffee, premium deli meats, artisanal bread, quality produce and satisfying breakfast, lunch and catered options.

Reason for Selling:

Additional Details:

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