For over 30 years this has been Atlanta’s “go to” location for the BEST Deli Sandwiches, Platters, and Gourmet SPECIALTY FOODS. Operating out of just 1,700 sq. ft. this establishment consistently generates well over 1 million annually. Approximately 20% of the revenues are grocery sales, 20% sandwiches, 10% beer & wine, with the remainder take out platters, frozen foods, and Deli meats & cheeses. There is a staff of 8 FT & 6+ PT employees.
Financial Information
$995,000
Asking Price
$319,888
Cash Flow
$1,637,040
Gross Revenue
N/A
Down Payment
Business Location
City:
Atlanta
State:Georgia
Reason for Sale
Retirement
Detailed information
Year Established:
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 8
Part-Time Employees:6
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$20,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1700
FF&E Included?: Yes
FF&E Value: $20,000
Training/Support
Seller is willing to train new owner for a smooth transition.
Market Outlook/Competition
INVESTMENT HIGHLIGHTS:
• This business has been operating successfully for 30+ years.
• Perfectly positioned to either open additional locations or Franchise.
• Private Label products could be expanded.
GROWTH OPPORTUNITIES:
• The addition of offering the products via e-commerce would drive additional revenue.
• The Concept is perfectly positioned to open additional locations locally & beyond.
• The catering business could be grown with the addition of delivery & set up.
La Prep is an upscale bistro-style quick-service restaurant specializing in freshly prepared innovative Breakfast & Lunch sandwiches, salads, baked goods...
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