Business for Sale

Buy A Business
Business for Sale Summary [Non-Confidential]

« Back to Previous Page

New York County, NY

Business Type: special situations,best deals!,distressed sales!,illness forces sale!,must sell/drastic price reduction!,absentee business,nutrition & health food,new to market,retailing businesses,bakers & confectioners,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes

Recorded Info
Print

Non-Confidencial Financial Infomation

  • Asking Price

    $135,000.00

  • Gross Revenues

    $440,872.00

  • Financing

    $ 135,000.00 Down

  • Owner's Cash Flow

    $69,454.00

FREE MEMBER REGISTRATION
Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

PRICE JUST DRASTICALLY REDUCED!!! This MEDITERRANEAN GOURMET DELI is a neighborhood institution with brand name recognition on Manhattan's Upper East Side. It's culturally diversified menu is filled with fresh delicacies as well as traditional American fare. LOCATED IN A DENSELY POPULATED UPSCALE RESIDENTIAL AREA and near 3 major hospital systems, there is NO SHORTAGE OF FOOT TRAFFIC. The landlord has told the seller that he is willing to extend the lease to 10 years. Rent (including real estate tax) is $12K/month for 900 sq. ft., which feels and looks like a lot more given the smart interior design and see through glass refrigerated cases (see photos). The store is currently run by the owner's brother, who now has HEALTH ISSUES. When the owner ran it himself, the store did double the revenues and can do so again in the right hands. As he would like to MOVE FAST, please feel free to MAKE YOUR BEST REASONABLE OFFER. After your initial walk by, interested purchasers should contact Vested broker, Jay Goldman, at (561) 213-6114 to arrange for a full tour of the store and to speak with seller.

vbb