South County Successful Sandwich Shop
Undisclosed Address, Rhode Island
Business Opportunity
for Sale
| Catylist Listing ID: |
30794552 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
2,000 SF
|
| Sale Price: |
$249,000 |
| Year Business Established: |
1993 |
| Gross Revenue: |
$325,000 (Annual) |
| Cash Flow: |
$100,641 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Last Updated: |
5/18/2022 |
Overview / Comments
Very popular and extremely successful turnkey deli/sandwich shop, which has had the same owner since opening in the spring of 1993, is now available for purchase. The owner is retiring. This deli is a favorite to locals, tourists, and URI students alike. With to top revenue being generated from March through December, the owner has opted to take time away from the deli and close for the months of January and February. Revenue would increase tremendously by increasing business hours and offering Delivery service. Don't let this incredible opportunity to own a turnkey deli pass you by. Start your dream business today with earnings starting on day one.
*PLEASE SEE FULL EQUIPMENT LIST ATTACHED*
|
Additional Details
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Owner retiring after 3 decades of success. |
| Value of Inventory Included ($): |
$0 |
| Value of Furniture, Fixtures, and Equipment ($): |
$180,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Mgmt/Training Support Description: |
Seller will stay on in a transitionary capacity for up to 2 weeks. Additionally, seller is willing to stay on for an additional period, to be negotiated, as a paid advisor/consultant. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,055 |
20,947 |
38,640 |
| Median Age: |
41.9 |
43.9 |
44.31 |
| Households: |
433 |
8,398 |
14,886 |
|
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