Award-Winning, Multi-Generational Family Delicatessen

Minneapolis, Minnesota, US, ID 289531

Award-Winning, Multi-Generational Family Delicatessen 1
Award-Winning, Multi-Generational Family Delicatessen 1
Asking price:
On request
Owner
Private Person

Сontact with me Private Person

Description

Established family delicatessen for sale in a downtown location.

The business has been operated by multiple generations of the same family and has a long history in the local market. The seller also describes the deli as award winning.

Financial overview

  • Annual revenue: approximately $900,000 to $1 million
  • Adjusted owner’s net income: more than $131,000
  • Operating schedule: Monday through Friday
  • Hours: 10:30 AM to 1:30 PM

The deli generates its sales within a limited weekly schedule and is currently closed outside the three-hour weekday lunch period.

Sales channels

  • Dine-in service
  • Takeout
  • Online ordering and delivery
  • Catering

The seller reports consistent profitability, relatively low overhead and an established repeat customer base.

The limited operating schedule may give a buyer the option to evaluate longer hours or additional service periods, although the effect on labor and operating costs should be reviewed carefully.

Buyers should verify historical financial statements, the calculation of adjusted owner income, catering revenue, online delivery fees, food and labor costs, lease terms, equipment ownership, staffing, customer concentration and any outstanding catering orders or deposits during due diligence.

Details

Real Estate: Lease
Reason for selling: Retirement
Support from seller: Consultancy available

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