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Deli For Sale
Location: United States -> New York -> New York City Area -> Bronx
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

ASKING PRICE: $130,000

Very busy deli located on a hi-traffic main street that is surrounded by shopping, multiple schools, and is in walking distance to a subway station and major highway. The store sells lotto tickets, cigarettes, and has an ATM on the premises. The deli also provides a variety of food options such as breakfast, baked goods, salads, hot and cold sandwiches, and an expansive meat selection, just to name a few.

Potential Growth:
The current owner is absentee - a new owner that dedicates themselves to the day-to-day operations of the deli has the potential to grow the business and increase revenues and cash flow.

Gross Revenue: $ 416,000
Cash Flow: $ 65,000
Inventory: $ 30,000 (Included in Price)
Reason for Sale: Seller is moving out of state.
Training & Support: Will provide as necessary.

Year Established: 2014
Days & Hours of Operation: 7 days, 6am-10pm
Non-owner Payroll: $ 4,800/month
Employees: 2 Full Time, 1 Part Time
Absentee Owner: Yes

Monthly Rent: $ 4,500
Square Footage: 2,200

Facilities: Located in a brand new building built last year (2014). Monthly rent is $4,500/month for 2,200 sq. ft. (including basement). Landlord is flexible and willing to negotiate rent.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $416,000
Cash Flow:   $65,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $30,000
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  1 - 3
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 is moving out of state.

Photos

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Deli For Sale Photo 1




Print Listing Id: 700234806
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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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