Location, Location, Location!!
This traditional sandwich shop serves classic cold sandwiches, hot sandwiches and salads. There is no shortage of customers in this outstanding location: it sits just off a major freeway exit, with large neighborhoods of single family homes to the south and surrounded by industrial and business complexes to the west, east, and north. Throw in a major medical office tower within walking distance, and you’ll have plenty of bellies to fill every breakfast, lunch and dinner.
The owner started the business in mid-2017 with no food service industry experience and built a strong local following via word of mouth, grossing almost $30k per month (very profitably!) working relatively short days. Their business was 70% walk-in / 30% catering. When COVID hit in March 2020, they lost all that momentum during their almost 9 month shutdown. They've reopened and business is coming back strong; they’re already back up to approx. $17k per month, and haven’t even reached out to their prior catering customers!
The owner was deeply impacted by COVID, and has chosen to return to his former profession (automotive service) rather than rebuild; his burnout is your opportunity. For starters, contact every prior catering customer with a welcome back special. Add breakfast and dinner to catch employees commuting to and from local businesses as workers return to the office. Add a beer and wine license to put the most profitable products on the menu! And for gosh sakes, invest in advertising and marketing: the current owner got this far on word of mouth and Yelp reviews alone. He has no social media, no third party delivery services, no online ordering, and the website could use a refresh. Buyers can either keep their brand of food , or bring their own successful concept to this stellar location.
This deli is a golden opportunity for a buyer to step into a prime location with great demographics, excellent lease terms and existing goodwill, all for a very minimal initial investment. The space is built out, so spend your capital instead on marketing and advertising to grow. If you’re looking to expand into a new space, look no further: call the Agent today!