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Deli - Sandwich Shop

Brookfield, Connecticut
Price Reduced. Inventory Included. This 1,250 s.f. Deli/Sandwich Shop is located in a small Strip Mall with other food businesses in Brookfield, CT. It’s open for breakfast & lunch and does catering six days a week. Serves coffee, pastries, snacks, eggs, hot & cold sandwiches, melts, burgers, salads, soups, clubs & subs and has daily sandwich & hot plate specials. P.S. also sells Lottery tickets and small grocery items. Even has a few tables to sit and eat.

Owner started business in 2004. Revenues have increased 15.2% (over 2006), 11.7% (over 2007) and looks like another increase is coming this year (over 2008). They must be doing something right!


Hours of operation are: Monday thru Friday 5:30 to 4:00, Saturday 6:30 to 3:00, closed Sundays. Besides the Owner there are 3 full-timers and uses part-timers when needed. Reported sales in 2008 were over $6,000 per week and adjusted Owner’s Cash Flow after expenses is estimated over $70,000.

This business could be a fit for almost anyone. The Owner seldom makes a sandwich – he just takes orders, talks to the customers and collects the money. You don’t have to be a Deli/sandwich person to run this business – take a look and see for yourself!


The store is 1,250 s.f. It is located in a Strip Mall in Brookfield, CT. Has 17 parking spots, gets most of its business from the local neighborhood and regulars including high school kids. Rent is $2,510.33 per month (including a base net of $400 per month). Additional landlord operating expenses over the $400 are billed annually. Five years remain in the current term plus a 10 year option to renew. Rent increases 3% per year.
No Owner financing at this price.

Financials

Price: $79,000
Gross Income: $315,500
Cash Flow: $71,900
FFE: $0
Inventory: $5,000
Real Estate Value: $0

About the Business

Office Reference ID: #264
Year Established: 2004
Financing: If qualified Owner will finance 50% @ 8%
Training: Owner will train
Facilities:
Competition:
Growth:
Business Listed By
Name: C. J. (Charlie) Vlahos
Company: Blanket Real Estate
Phone: 203 746 7272

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