Just Reduced Absentee Run Manhattan Deli/Grocery

Manhattan, NY
New York County


Asking Price: Annual Revenue:
$599,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Just Reduced Absentee Run Manhattan Deli/Grocery Broker: Henry Galasso

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $240,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 8
BBN Listing #: 606235273
Broker Reference #: 11585

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Business Overview:

Fabulous location, on the corner of 6th Avenue and Houston Street. Summer Gross $30,000 - $35,000 weekly and Winter Gross $20,000 - $25,000. Store has been growing for 2 1/2 years. All brand new equipment. Reason for selling is store is being run absentee without owners or a manager. Store does fantastic even with no owners who are busy with other stores. Gross is $25,000 weekly, Rent $13,500/month. Additional income of $3,000 monthly from rental of sidewalk to flower vendor. Potential to do so much more sales by adding Lotto and having an operator or manager involved. Deliveries are $10,000/monthly.

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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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