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Delicatessen / Restaurant Business For Sale
Location: United States -> New York -> New York City Area -> New York City
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

ASKING PRICE: $700,000

This delicatessen/restaurant business for sale is a NYC staple that prides itself on its traditional dishes and old world flair. Although the restaurant looks like a diner straight from the 1930s, the business appeals to younger patrons by maintaining a young staff, playing up-beat tunes, and serving a meticulously curated and contemporary wine list. The menu includes standard Jewish and American fare such as: specialty sandwiches, hot dogs, burgers, knishes, homemade soups, cold salad platters, and much more. The business also offers catering and delivery all throughout the tri-state area.

Inventory: $ 30,000
Reason for Sale: Seller has other interests.
Training & Support: Will provide as necessary.

Year Established: 1999
Last Acquired: 2010
Days & Hours of Operation: 7 days
Non-owner Payroll: $ 15,000/month
Employees: 42 Full Time
Absentee Owner: No

Monthly Rent: $ 38,000
Square Footage: 3,000
Facilities: Full working kitchen, full service restaurant, and outdoor cafe.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $3,300,000
Cash Flow:   $350,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will provide as necessary.
Reason For Selling:  Seller wants to pursue other interests.

Photos

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Delicatessen / Restaurant Business For Sale Photo 1




Print Listing Id: 700226164
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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