Listing Expired

Business For Sale

Food & Beverage: Convenience Stores


Deli on Busy Manhattan Corner - 21917

New York County, NY

Asking Price: Annual Revenue:
$450,000 $886,117

Business Overview:

Profitable Neighborhood Corner Deli in Prime Manhattan Location Open 24 Hours, Delivery, Accepts Credit Cards, Take Out, Catering. Super busy Thursday, Friday and Saturday nights. Besides deli food products, it also sells beer, wine, beverages, cigarettes, snacks, and candy. It houses an ATM, which generates $2,000/month in profit. It also rents out an outdoor fresh flower concession for another $2,000/month (can be taken back by new owner). While there are 900 square feet on the ground level, there are 1,800 square feet in the basement, which includes a large walk-in cooler, the owner's office, refrigeration units, and prep space. This deli has been there for 28 years, 14 of which under current ownership. The seller is tired and wants to retire to Florida. Two years ago he put $95,000 into renovations and new equipment. The store is in tip-top shape. Fully permitted hooded exhaust system in operation. This is a turnkey opportunity that you can still put your spin on. Call broker Jay Goldman for an appointment to take a full tour and speak with the current owner. In this neighborhood at this price, you would be well-advised to move quickly.

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Reason for Selling:

Personal

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.

Request More Information
Contact the Seller

RE: Deli on Busy Manhattan Corner - 21917 Broker: Jay Goldman Vested Business Brokers
Owner Financing is Available!
375,000.00 down & 75,000 over 36 months at 6%

Quick Facts

Asking Price: $450,000
Annual Revenue: $886,117
Net Profit: Not Disclosed
Cash Flow: $243,534
Total Debt: Not Disclosed
FF&E: $95,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 5
Listing Number: 99564447

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