Balboa Park Snack Shop and Deli $175 Rent

Location: California, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $42,000
Cash flow: $27,211
Revenue: Not Disclosed
Gross Income: $60,747
Inventory: $1,000 - Included in the Asking Price
FF&E $10,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This deli presents the perfect opportunity for the person or couple whose ideal business is literally a day at the park. Located in the Balboa Tennis Club, this snack shop was recently voted Best of San Diego in the San Diego Magazine. The deli operates from 9 6 on the weekdays, 9 4 on Saturdays, and is closed Sundays, and serves its customers an array of specialty sandwiches, salads, hot dogs, coffee, espresso, and breakfast. The business does minimal advertising and is supported by a steady stream of daily traffic from club members and attendees of the 25 court facility s year-round events, clinics, and tournaments.

Facilities:
The business operates from a cozy 200 square foot location with a monthly lease of only $175 (includes all utilities). The lease is valid through 2008, however a new lease may be proposed to a new buyer upon the board s approval. The sale includes all the assets of the business except certain items which are owned by the club, coffee, or soda vendors.

Financing:
not offered

Support:
2 weeks at 20 hours/wk.

Competition:
Competition is considered low as this is the only option in the club for members, visitors, or employees to purchase a quick, quality meal.

Growth:
Many opportunities for growth exist. The new owner may choose to expand the menu offering, increase the operating hours to include Sundays, add a catering function, and market to local businesses that seek additional lunch options.

General Information

Reason Selling: Owner Relocating

Number of Employees: 2
Year Established: 1950