Corner Deli Grocery Store-26169

New York County, NY
New York County

Asking Price: Annual Revenue:
$600,000 $1,366,000

Food & Beverage: Convenience Stores

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RE: Corner Deli Grocery Store-26169 Broker: Jay Goldman

Quick Facts

Asking Price: $600,000
Annual Revenue: $1,366,000
Net Profit: Not Disclosed
Cash Flow: $177,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 6
BBN Listing #: 58244447
Broker Reference #: 26169

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Business Overview:

This Absentee-Run Corner Deli & Grocery Store on Manhattan's UWS nets its owner $14,750/month. The landlord just issued a new 15 year lease, in which property taxes and water are included in its below market rent of only $15K/month for this prime UWS location. Please have good credit to pass muster with the landlord. Collectively, lotto, ATM and an outdoor flower concession contribute $76,000 to the total annual bottom line of $177,000. Strong sales growth is expected, as this store just started delivering via Seamless and GrubHub. Inventory is Not Included in the Asking Price.

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Reason for Selling:

Wants to move into another business.

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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