Florida Deli for Sale - Grosses $2MM and Nets $275K to Owner

The Deli for Sale and bagelry in Palm Beach County that has gross sales in excess of $2 million and nets $275,000 in profits to the owner.

Buy this Deli for sale located in one of the fastest growing communities in Florida. Surrounded by residential communities, shopping plazas, a major hospital, and medical facilities this restaurant for sale has had steady sales and profits since its inception in 2009. The local communities include gated luxury residencies, active senior communities, and family friendly residencies. Community buses drop off residents daily in the plaza. The ability to drive through all of the neighboring shopping plazas without having to drive onto the main road aid in the accessibility to this deli for sale restaurant.

The 5,500 square foot deli for sale offered by the restaurant brokers has been built with high volume in mind. The deli area and dining area are separated to aid in the efficiency of operation. The deli for sale seats 162 guests in its beautifully decorated dining room. No expense was spared in the build-out and the tables, chairs and woodworking are all of the highest quality. More than $1,500,000 was spent in the original build-out. The very reasonable rent including all CAMS and taxes is $13,425 per month. That is only 7.75%of gross sales at this deli for sale, an excellent ratio.
 
With Gross Sales in excess of $2,000,000 and an owner’s benefit of more than $270,000 this deli for sale opportunity offered by the restaurant brokers will not last long. Income streams include dine-in and pick-up, catering, and appetizing. The catering business is very large and the sale of the restaurant includes the transfer of ownership of a professionally wrapped delivery van. Guests who visit this deli for sale restaurant stop off on the way out to purchase cold-cuts and salads in bulk, bagels by the dozen, and pastries. A separate catering menu is available and very popular. A professionally wrapped delivery van is included in the sale of the bagel and deli for sale restaurant.
 
The fully equipped commercial kitchen has everything you will need to produce high volumes of food in the most efficient manner. The exhaust hood is 20 feet long and the grease trap is inground. The bagel and deli for sale restaurant has all the equipment necessary to produce high quality water bagels. You could even add wholesaling of bagels as one of your income streams if you so desire. The deli area features refrigerated and non-refrigerated display cases, slicers, scales, and menu boards.
 
The current menu features breakfast, lunch and dinner. Traditionally deli foods are featured such as corned beef and pastrami. Dinner items are plentiful and popular. All recipes will transfer and the dedicated staff will remain. The owner will train for two weeks at no cost to insure a smooth transition of ownership.
 
In order to obtain the name and address of this opportunity you will need to sign the electronic confidentiality agreement and show proof of funds. Proof of funds can be shown with a recent bank or financial institutional statement with all account numbers crossed out. If you have any questions you can contact your Certified Restaurant Broker, Ken Eisenband, at 561-350-3365.

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Listing

  • Listing#: 5448
  • Price: $750,000
Lease Term: Expires April 18, 2018 plus 2 five year options
Monthly Rent: $13,485
Indoor Seating: 162
Inside Sq. Ft: 5500
Hood System: Yes
Neighboring Businesses: Hospital, Medical Offices, Restaurants. Retail, Service Providers,
Hours Open: Monday thru Sunday 8 am - 8 pm
# of Part-Time Employees: 10
# of Full-Time Employees: 20
Net Sales: $2,067,656
Owner Benefit: $274,643

Features

  • High Volume Bagela nd Deli for Sale in Palm Beach County
  • New Build-Out of Proven Concept
  • Fully Equipped Commercial Kitchen Has It All Including a 10 foot Exhaust Hood
  • All Menu Items and Recipes Will Transfer With Sale
  • Seller Will Train for Two Weeks at No Cost
  • Deli for Sale