Nate's Deli

After 36 years of service, Nate's Deli is getting a much-needed facelift!

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Location
FAIRVIEW PARK, OH
Expected Close Date
April 13, 2024
Target Raise
$25.00K-$50.00K
No. Investors
10
Security Price
$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.
Amount Raised : $50,000
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