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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Food and Beverage Businesses For Sale Categories   >>   

Bakery Business For Sale, Cafe Business For Sale, Catering Business For Sale, Coffee Business For Sale, Coffee House Business For Sale, Coffee Shop Business For Sale, Deli Business For Sale, Fast Food Restaurant Business For Sale, Food Business For Sale, Grocery Business For Sale, Grocery Store Business For Sale, Liquor Business For Sale, Liquor Store Business For Sale, Market Business For Sale, Pizza Business For Sale, Restaurant Bar Business For Sale, Restaurant Business For Sale, Vending Business For Sale, Vending Machine Business For Sale

Delicatessen Caterer For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $515851
Net Profit / Cash Flow  $50724
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1963
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Personal.
Description  This deli caterer in upper Manhattan is a neighborhood landmark established in 1957 and maintains its nostalgic feel. 40% of its 2010 revenue of $515,851 came from deli-style catering to a major university, major hospital and public schools in the area. Another 20% came from on-line delivery orders. All financials are verifiable on tax returns. 1200 sq. ft. ground floor accessed from major avenue sidewalk with lots of foot traffic and subway entrance/exit just a few steps away. Recently repaired and spacious basement is used for storage and refrigeration with plenty of room left over for an office. Open Mon-Fri 6am-7pm and Sat-Sun 8am-4pm, a new owner would be wise to keep it open later 7 days a week as there is plenty of evening street life to support it. This deli provides table service seating 28 from 11am-2pm. The community board has already given the go ahead for a beer license, which will add revenues and bring in new customers. 6 years left on the lease with 10 year option to renew. The working partner is willing to stay on as a partner, an employee/manager, or simply move on, but will surely offer support and training. The investing partner, who is a 50/50 owner with working partner, is preparing to move to San Diego and would definitely need to be bought out. Altogether they are looking for $180K down and $120K in seller financing. Make your best offer! Please email or call broker, Jay Goldman, at (561) 213-6114 after initial walk by to set up appointment to tour facilities and meet with owners.
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