Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Deli For Sale-great Location In Hollywood, Ca

LISTING DETAILS
Firms For Sale ID:
10045
Vendor reference:
965412
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$299,000  
Turnover / revenue:
$58,375
Net profit / cashflow:
$217,549

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Located on the famous Sunset Strip, with traffic counts of approximately 100,000 cars a day, on the North Side and best side of the Sunset Strip located in the Hollywood, West Hollywood area, this deli has had increasing gross revenues and profits since opening in 2009. Business is booming in this 1100 square foot location with a significantly undervalued lease and great terms. The rent is 24;4,000 a month including CAM charges with a five year lease and five year option. With rents in the area up to 24;7.00 a square foot, the rent in this location is only 24;3.40 a square foot.The business to date has been built on word of mouth. This is a real opportunity for a new owner to take advantage of the lack of marketing , catering and delivery. Currently there is a real pride of ownership which is reflected in the food quality and excellent service.The new owner will be taking over a growing business with an impressive reputation in the community developed over a short time. The dynamics of a successful business are in place with increasing revenues and profits, an incredible location and an undervalued lease.