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This Business has been Sold!
Closing Date: 09/11/2013
Broker: Bryn Jones

Business for Sale Summary

Deli-Grocery - 22430

Business Type: delicatessen/catering services,general merchandise store,other food stores
Sold
Deli-Grocery
On September 11th 2013, The Undersigned
Acted as the Advisor to the Deal
Bryn Jones
Bryn Jones Senior Broker
Servicing: New York County NY, Westchester County NY, CT
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $240,000
Gross Revenues $1,130,195 Lease Remaining Register Free to View
Owner’s Cash Flow $269,275 Number of FT Employees Register Free to View

Financing

$240,000 Down and $160,000 @5% for 36 months

Business Description

Extra Special Gourmet Deli- Now this is a winner! $350,000 spent to buildout this outstanding deli/grocery gourmet food operation. 1500 sq.ft.with a full basement. Located on a major street, near a major Avenue, near Central Park. Opportunity to open outside seating area on sidewalk. Newly instituted LOTTO. Successful Investor/builder/operator finds great locations, negotiates excellent leases and then operates the business until proven successful. Then sells to a financially solid and knowledgeable operator. This is one of these projects. Must see to appreciate. The numbers represented here are the 2013 projections, based on current business activity.

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.