Successful Deli and Market Santa Cruz vicinity

Price: $442,000

Location: Santa Cruz County, CA

Industry: Supermarkets and Other Grocery (except Convenience) Stores

Listing ID: C4293

Listing Status: Sold


THE PANDEMIC HAS ACTUALLY INCREASED PROFITABILITY! Here is a unique chance to own an extremely well established landmark deli in the beautiful, desirable, Santa Cruz area of the Monterey Bay. Established for over 40 years, this iconic, high-end deli and mini store features gourmet sandwiches, cold and hot dishes, and salads, as well as breakfast burritos, breakfast sandwiches, smoothies, and acai bowls. The business also includes plenty of sit down eating space AND ample parking. Due to the Covid pandemic, the business has shifted to take-out only and has never been more profitable! Prior to Covid, a thriving, consistent breakfast and lunch crowd plus student and beach goer populations kept revenues up and profitable. All of which a new owner could reinstitute if desired. Beer and wine on-sale and off-sale licenses are included as value added. Excellent customer AND employee reviews add up to a high quality, sustainable approach to food service. Current owner is largely absentee. Pride of ownership. Stellar improvements show in every detail. Deli has a hood, full kitchen line, and giant walk-in refer! Lots of options for improvement including expanding catering, full dining, beer garden, wine tasting events, etc.
3500 SF +/-. Lease has 5 more years with 2 5-year options currently available. Rent is $4505/month gross.


Total Sales: $1,006,000

Cash Flow: $148,000

Inventory: $33,000

Inventory Included: No


Monthly Rent: $4,505

Type of Location: Owned

Square Footage: 3,500



SBA approval pending


Rex Walters, PHD

Rex Walters, PHD