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Location
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FAIRVIEW PARK, OH
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Expected Close Date
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April 13, 2024
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Target Raise
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$25.00K-$50.00K
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No. Investors
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10
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Security Price
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$1
- Number of Employees
- 9
- Cash
- $39,454
- Revenue
- $521,441
- Short Term Debt
- $30,775
- Cost of Goods
- $153,458
- Long Term Debt
- $99,754
- Net Income
- $11,725
Company Description
Nate's Deli in Fairview Park, Ohio is a beloved neighborhood spot known for serving top-notch breakfast fare and the leanest, most delicious corned beef around. With a loyal base of regular customers, some of whom are daily patrons, Nate's Deli thrives on providing a warm and inviting space where patrons can enjoy simply good food, made to order.
Key Deal Facts
Previously an Arthur Treacher's franchise, Nate's Deli has been operating in the same space for 36 years. When Robert and Nicole acquired the business in 2020, they rebuilt their menu and processes from the ground up, and thrived, despite a global pandemic., A testament to their community support, Nate's Deli has seen a sales increase of over 200% in the first four years of its ownership. Thanks to regulars who patronize the restaurant sometimes daily., Nate's Deli was awarded top Restaurants in Fairview Park in Cleveland's Scene magazine best of 2023.