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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

Deli On Busy Manhattan Corner For Sale

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $883717
Net Profit / Cash Flow  $171349
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1982
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  Asking Price of this for sale deli just reduced From $450K to $399K (Only 2.3 X Owner's Discretionary Cash Flow of $171,349). Prime Manhattan bustling neighborhood corner deli is open 24 Hours for take out, delivery, and catering. 50% of sales are by credit card. Super busy Thursday, Friday and Saturday nights. Besides deli preparations, it also sells beer, wine, beverages, cigarettes (only 2 brands allowed as per lease due to a tobacco store next store), 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 $1,800/month(can be taken back by new owner). While there are 900 square feet on the ground retail level, there are 1800 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 ready 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. In-store seating is very limited. This is a turnkey opportunity that you can still put your spin on to increase sales and profit. Call or email broker Jay Goldman (561.213.6114) 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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