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*

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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.

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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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