Busy Deli - Business And Real Estate
Location New York,United States
Asking Price Range $500K - $1.0M
Gross Revenues $620000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1912
Number of Employees 4 - 5
Inventory 110000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Yes if needed.
Reason for Sale Retirement - selling building and deli - as a package or individually.
Description Deli location is 100+ years old and is a staple in the neighborhood. Deli is known for terrific food both cold and hot, all beverages, deliveries to surrounding hospitals and other institutions. It is the only quality food establishment in the neighborhood. Currently family owned and operated, this corner location is visible and on a main road with plenty of parking in the immediate area. Current owners have 30 year history of consistent sales with terrific delivery business and ability to expand. Over 60% of sales is lunch business with nice margins on all food and beverages.
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