Successful Deli and Market in Santa Cruz Area

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Financial Details

Asking Price:
$442,000
Annual Revenue:
$1,006,000
Cash Flow / SDE:
$148,000
Profit Metric:
Cash Flow
Valuation Multiple:
3.0x
Location:
CA, US
Source:
Date:
September 15, 2025

Key Highlights

Highly profitable, established landmark deli and mini-market with over 40 years of history.
Pandemic-boosted profitability with strong take-out sales, plus potential to reinstate thriving breakfast/lunch crowds.
Includes valuable beer and wine licenses, ample parking, seating, and stellar customer/employee reviews.

Description

This listing presents a highly successful and well-established landmark deli and mini-market located in the desirable Santa Cruz area of Monterey Bay. With over 40 years of operation, the business has built a strong reputation for gourmet sandwiches, cold and hot dishes, salads, breakfast burritos, smoothies, and acai bowls. The facility offers ample sit-down eating space and convenient parking. Notably, the business has seen increased profitability due to a shift to take-out only during the pandemic, while retaining its consistent pre-Covid breakfast and lunch customer base. The sale includes valuable beer and wine on-sale and off-sale licenses. The business boasts excellent customer and employee reviews, indicating a high-quality, sustainable operation. The current owner is largely absentee, suggesting potential for new ownership to enhance operations. The deli is equipped with a hood, full kitchen line, and a large walk-in refrigerator. Significant growth opportunities exist, including expanding catering services, full dining, a beer garden, and wine tasting events. The property is 3500 SF with 5 years remaining on the lease, plus two 5-year options, at a gross monthly rent of $4,505.

Industry Information

Industry Description:
Supermarkets and Other Grocery (except Convenience) Stores
Classification:
Retail

Operational Snapshot

Year Established:
1985

Real Estate & Lease

Status:
Leased
Monthly Rent:
$4,505 USD
Lease Expiration:
2030

Assets & Inventory

Inventory Value:
$33,000 USD
Includes Inventory:
No

Listing Details

Listing ID:
4caf7599-84e3-413f-8c8d-040002152323
Source Listing ID:
C4293
Deal Status:
Sold
Date Posted:
July 21, 2025
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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