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Deli / Caterining Business With Building
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $544000
Net Profit / Cash Flow $206924
Cash Flow Type EBITDA
Seller Finance No
Year Established 1938
Number of Employees 4 - 5
Inventory 1575000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 2 weeks
Reason for Sale retirement
Description Location! Location! Location! This Deli/Catering business comes with revenue producing building on an acre of prime real estate! The business is solid and generates a steady profit. The facility has a large kitchen for the catering and an area with tables and chairs. You can greatly increase the bottom line by reducing the seating and setting up a convenience store. The hours are currently 5am - 5pm so expanding the hours will bring additional revenue. There is a hospital and major recreational area near by so expanded hours will have ample business. The catering portion is well established and includes a van. The deli does not have lotto so adding it will bring in additional revenue. The property is located on a main road near a major intersection. With business, local government and a hospital near by adding delivery to maximize the lunch business will greatly increase the bottom line. The building has an apartment which has had the same tenant for over 20 year. Besides the large parking area there is a back lot which has been sub divided and rented to several local businesses to provide additional cash flow. A profitable business, real estate, rental income and room for growth, makes this the perfect opportunity for any serious buyer. Hurry this will not be on the market for long.
Gross Sales:$544,000
Cash Flow: 206,924
Bruce Miller
Senior Broker
Bridge Business & Property Brokers
Tel: 516-319-2282
Fax: 888-605-5727
Click Here To Contact Seller
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