*Price Drop* Deli/Convenience LES Absentee Run

New York, NY
New York County

Asking Price: Annual Revenue:
$175,000 $1,000,000

Food & Beverage: Convenience Stores

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RE: *Price Drop* Deli/Convenience LES Absentee Run Broker: Henry Galasso

Quick Facts

Asking Price: $175,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $137,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 833135273
Broker Reference #: 11333

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Business Overview:

*Absentee Owner* Fantastic Corner NYC STORE 1,300 square feet doing $18,000 - $20,000 weekly. Hours are Monday-Thurs 6am-10pm, Fri-Sat till 2am & Sunday till 8pm. Full Basement and Rent only $7,400 a month includes water bill and Real Estate Taxes with 10 years left on lease and 3% increases. Great opportunity to own a great corner store netting $140,000 verifiable. Store is currently grossing $18,000 average and sits on the same block with high school 200 feet away, many new condos and co-ops being built, tons of bars and restaurants, great foot traffic. Owner only works 5 hours a week in the store to do bookkeeping. Amazing opportunity for an owner operator to net over $200,000 a year. Solid year round business. They also sell Lotto and have an ATM machine. AT THIS PRICE, THIS STORE WILL NOT LAST! HURRY AND GRAB IT WHILE YOU STILL CAN!

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Reason for Selling:

Partner disputes.

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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