Downtown St Pete Deli
Business Opportunity
for Sale
Sale Pending
| Catylist Listing ID: |
30805275 |
| Property Subtypes: |
Food and Beverage
|
| Status: |
Pending |
| Building Size (RSF): |
911 SF
|
| Sale Price: |
$75,000 |
| Year Business Established: |
2000 |
| Gross Revenue: |
$120,000 (Annual) |
| Cash Flow: |
$45,000 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Sale Terms: |
Cash at Closing |
| Last Updated: |
8/3/2022 |
Overview / Comments
|
Rare Downtown St Pete opportunity. Breakfast and Lunch Deli with a captive customer base. Ground Floor of office building plus street exposure. Small venue with indoor and outdoor seating. Great buildout shows well. Currently open M-F, 7:30am to 2pm. Full Service Lease includes utilities. Common area restrooms included in lease. Many ways to expand with social media marketing, catering, expanded hours. Truly a turn-key transaction, start making money on your first day.
|
Additional Details
| Nearest MSA: |
Tampa-St. Petersburg-Clearwater |
| County: |
Pinellas |
| Industry Segment: |
Restaurants |
| Reason for Selling: |
Retirement |
| Value of Inventory Included ($): |
$3,500 |
| Value of Furniture, Fixtures, and Equipment ($): |
$40,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
Full Service Lease, below market with 3 years left.
Tenant only pays internet, cable, and phone.
Landlord will extend or renegotiate. |
| Employee/Labor Description: |
Operates with minimal staff |
| Mgmt/Training Support Description: |
Two weeks training included |
| Competition/Market Description: |
This is a Prime, Downtown St Petersburg location in office building. Low cost of entry into a very dynamic market that is growing rapidly. In the Central Arts District. |
| Growth/Expansion Opportunities: |
Join one of the most vibrant markets in the country. Hundreds of new residential condos are under construction within a block of this downtown Deli. |
| Seller Financing Description: |
Cash at closing |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,977 |
108,161 |
242,601 |
| Median Age: |
44.17 |
40.56 |
42.29 |
| Households: |
9,720 |
47,278 |
106,132 |
|
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