Corner Deli at Prime Downtown Location-28234

New York County, NY
New York County

Asking Price: Annual Revenue:
$475,000 $1,430,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Corner Deli at Prime Downtown Location-28234 Broker: Jay Goldman

Quick Facts

Asking Price: $475,000
Annual Revenue: $1,430,000
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 46444447
Broker Reference #: 28234

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Business Overview:

Location! Location! Location! That's what you're primarily paying for here. As it is, the current owner is mostly absentee, yet the store grosses $27,500/week and only about 15% of that is from internet deliveries, which could easily be grown to a much higher percentage. Be more hands-on and the sky is the limit. There are 7 years left on the lease, but the landlord has assures the seller that he will round it out to 10. There are 750 square feet up and down. Rent is $15K and RE tax another $5K per month. Therefore, experienced deli owners are better suited for this opportunity. The equipment is in good working condition and has a used value of about $75K. Inventory at about $25K is included in the Asking Price. Please contact listing broker Jay Goldman to make an appointment with the seller after you have discreetly visited the location. Please call 1-877-735-5224 for further information.

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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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