Established Meat & Deli Business in New York
| Asking Price: | $299,000 |
| Gross Revenue: | $676,000 |
| FF&E: | $150,000 |
| Cash Flow: | $135,200 |
| Inventory: | $35,000 |
| Established Year: | 1972 |
LISTING ID # 36231
52 Y/O Prime Meats, Deli and Catering. Est. 1972. Major Price Reduction! Seller financing for up to 7 years! 4th Generation! Only open 6 days, Tu-Sat 9-6, Sunday 9-3 and closed on Monday. This 2,500 sq. ft. store has it all. Family owned and operated, they are a landmark in the community. They offer a full line of Gourmet Italian Specialties, hot and cold foods and a butcher shop. Catering for any event from 5 to 500 guests and much, much more. In the past year gross sales have averaged $13,000/wk, apprx. $676,000 for the year, but continue to trend up. An owner/manager would see a cash flow of approx. $135,200 or more. The current is tired and looking to retire. The landlord will offer a well-qualified buyer a long term lease, starting at $5,200/mth. The store is 2,500 sf with an immaculate, full-kitchen, including hood system, walk-ins, deli slicers, coolers and much more. It would cost you over $300K to build a space like this today. We are seeking a serious and financially qualified buyer with at least $199K in liquid funds. Proof of funds will be requested prior to meeting with the owner. To learn more, please call the broker. All site visits must be discreet.
