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Business for Sale Summary

Busy Corner Deli at Major Manhattan Intersection - 28234

Business Type: convenience store,best deals!,new to market,delicatessen/catering services
Busy Corner Deli at Major Manhattan Intersection
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This business has received 76 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $475,000 Down Payment $475,000
Gross Revenues $1,430,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,000 Number of FT Employees Register Free to View

Financing

$475,000 Down and

Business Description

Location! Location! Location! That's what you're primarily paying for here. As it is, the current owner is mostly absentee, yet the store grosses $27,500/week and only about 15% of that is from internet deliveries, which could easily be grown to a much higher percentage. Be more hands-on and the sky is the limit. There are 7 years left on the lease, but the landlord has assures the seller that he will round it out to 10. There are 750 square feet up and down. Rent is $15K and RE tax another $5K per month. Therefore, experienced deli owners are better suited for this opportunity. The equipment is in good working condition and has a used value of about $75K. Inventory at about $25K is included in the Asking Price. Please contact listing broker Jay Goldman to make an appointment with the seller after you have discreetly visited the location. Please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.