Retail - Other Eating & Drinking Places | Retail - Restaurants

Asking Price	$50,000	Inventory
Gross Income	$281,758	Real Estate
Cash Flow	$21,346	Year Established	1980
FF&E	N/A	Employees	2.5

* included in the asking price

** not included in the asking price

German Deli with sandwiches and German Food & customer seating. Offers imported German meats, breads, cheeses, chocolates, and other popular items. Breakfast and lunch available with coffee and espresso drinks. Great visibility and signage and right on heavily trafficked Ralston Road. Neighboring businesses include Triangle Liquors, Viva Burrito, Ace Cash Express, Brakes Plus and many more. Safeway is to the rear of these businesses. 1,250 Sq. Ft. fully equipped with ample parking and patio. 2007 Sales of $281,758 and Beneficial Income to Owner of $21,346. Rent is $1,633.36/Mo. gross. The lease is now month to month due to the building s inclusion in an Arvada Urban Renewal District. A web site is in development with menu and on line ordering. Utility Expense averages $750/Mo. Employees total 2 full time, 1 part time. This German Deli has an excellent reputation and has been an Arvada landmark for 28 years. Sales increased for the past 6 years. The owner is starting a family, which is the motivation for this sale. Arvada Urban Renewal Authority has plans to redevelop in 2 years at the soonest. It is willing to negotiate a new 1 year lease at the same rate (or maybe even lower) and to go month to month beyond that time. The first phase of redevelopment is the south side of Ralston Rd. and the intention is to allow businesses to continue by relocating them as development progresses.

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Financing: Requires cash