Upscale Deli & Grocery Store Doing $30k a Wk

Brooklyn, NY
Kings County

Asking Price: Annual Revenue:
$495,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Upscale Deli & Grocery Store Doing $30k a Wk Broker: Henry Galasso

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $256,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 8
Employees: 10
BBN Listing #: 803835273
Broker Reference #: 11636

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Business Overview:

Beautifully built corner Deli Grocery in an up in coming section of Brooklyn doing $30k a week guaranteed! Upscale store selling only high end products with high margins. Not your typical Deli Bodega. THERE IS NO EBT, NO LOTTO, NO WIC AT THIS STORE! And even though they have a license, THEY DON"T SELL CIGARETTES. The store is located one block from the train station which brings in tons of foot traffic. But it also does over 100 deliveries a day within a few blocks of its location! With an Owner Operator, you can add Lotto, add Cigarettes, add WIC, and add EBT to increase your business even more. This store works on 70% margins in the Deli and 40% margins on Groceries. Literally 50 feet away is a luxury apartment building being built with 100 units, and within 2 blocks there are another 700 luxury apartments being built as well increasing your customer base willing to pay for quality products and meals. Don't pass up this amazing opportunity.

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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