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Cincinnati Business Brokers

Thirty Five Year Deli Grocery And Produce Company For Sale

Cincinnati, Ohio, US
Asking Price:
$220,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$613,000
Cash Flow:
$86,000

The retirement aged & original owner of this “hidden gem” is proud of the excellent reputation that has been established by his staff. The store offers a wide range of options for sandwiches, salads, and produce all made with fresh ingredients. The deli counter allows for customizations and the salad bar is a great way to get a healthy meal.

The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan approved
Loyal customer base
No debt in the company
Catering can be expanded
Price includes all inventory
Only open 20 hours per week
Independent – not a franchise
Real estate available to purchase
Price includes all equipment valued at $30,000
Clean books and records – all numbers are verifiable

Property Information

Real Estate:

Lease

Premises Details:

The business operates out of a 2,300 square foot standalone building that has been well – maintained. There is plenty of parking and it is located on a main street in the community.

Business Operation

Expansion Potential:

Increasing the hours the business operates from 20 hours per week would certainly be the quickest way to build the business. Expanding catering to local businesses, adding beer and wine, soft serve ice cream, ATM machines, and the lottery would be growth ideas as well.

Competition / Market:

This deli has been such a major part of the community that customers flock to it and recommend it to all of their friends.

Reasons for selling:

The seller is of retirement age.

Trading hours:

Monday through Friday 4 hours per day

Employees:
5
Years established:
35

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$30,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price