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New York Style Deli With A Great Following
Location: United States -> North Carolina -> Greensboro
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Authentic NY Style deli known for it’s cheesesteaks and Reuben’s is looking for an owner who can Infuse new energy and passion into this well established business. Current owner is retiring and has done very well through tough economic times.

Reliable lunch crowd and steady flow throughout the day makes this deli a great destination and easy operation to take over with more room for growth!

Areas of opportunity: currently does some catering to local businesses but could increase with advertising. Increase price of sandwiches which haven’t been raised in years. Could take advantage of existing beer and wine license and add a few more TVs to draw an evening sports crowd.

Priced well at $130,000! Place seats 78 in a 2,000 sq. ft. with rent at $1814/month. For more information, private showing and video, please contact: Steve Reiss.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $320,000
Cash Flow:   $32,400
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $38,500
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide training
Reason For Selling:  Retirement




Print Listing Id: 700183580
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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 > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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