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Accommodation & Food Services

Popular Deli in Ventura County / Absentee Owner.

Ventura County, CA, USA
Updated 1 day ago

A highly popular and well-established deli in Ventura County is now available for purchase. Specializing in fresh sandwiches, BBQ, deli selections, and specialty market items, this business has built a loyal customer base. Currently, the deli operates primarily without the owner's day-to-day involvement, presenting a great opportunity for a new owner to step in and take the reins.During the pandemic, the owner reduced operations by halting catering and delivery services, which are now untapped revenue streams for a new owner to reintroduce and expand. With a strong foundation and room for growth, this is a fantastic opportunity to take over a beloved local business and unlock its full potential. Key Highlights: -Established deli with a strong reputation in the community -Fresh sandwiches, BBQ, deli items, and specialty market goods -Owner not involved in daily operations, creating room for new leadership -Untapped catering and delivery services with potential for increased revenue -Perfect for an entrepreneur looking to build on an existing brand and capitalize on its growth.

Employees

8

Financing

Open to a sellers note for a portion of selling price for qualified buyer.

Inventory

Not included in asking price

Facilities

The space is 1,550 sq feet. The landlord will create a new lease for qualified buyer. Lease rate is $4650 + Modified Gross which will come to approx. $4,705 per month. 5% yearly increase.

Support & Training

Seller and Management will train on all aspects of the business

Reason for Selling

Retiring

Financials

Asking Price
$195K
RevenueMost Recent Year
$954K
Earnings (SDE)Last Reported
$70K
Assets Value
Undisclosed
Seller Financing
Yes

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