Established New York Style Deli-SHORT HOURS- Phantom Gourmet Approved

Essex County, MA

Seller Financing Available

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Asking Price:$250,000
Rent:$3,275/Month
Gross Revenue:$700,000
Established Year:2004
BUSINESS DESCRIPTION

This is a great opportunity to acquire a Phantom Gourmet reviewed, approved and authentic New York Kosher Style Deli located in an established 100 year old deli location ! Very reasonable/cheap rent with NNN $3830 per month. Plenty of space to grow and expand this business with 2600 SF on the main level and 2600 SF of basement space used for storage, refrigeration, with current main level office. Long-Term Lease available. Seller/owner was apprenticed by training at New York's & Boston's famous Michael's Delicatessen. This Deli's motto's are "You can fool the eye but you can't fool the belly so come to the deli" and "Have a shtickle baby". "We bring New York to you". Doesn't get any more New York authentic than this deli ! A great opportunity to make money and show off your shtick.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
01/01/2034
Employees
4
Facilities
Great location on busy road near the downtown, beaches and Yacht Clubs in historic affluent seaside sailing town. Street front parking and parking in the rear of the building for 27 vehicles with a restaurant entrance from the rear as well as the main front entrance. Two handicapped bathrooms, 2600 SF main level plus 2600 in basement for storage. Nice set-up and design.
Competition
NO competition as this is truly the only New York Kosher Style Delicatessen in the town or surrounding area !
Growth & Expansion
Utilize and expand the social media presence, increase local advertising and in-town events to capitalize on this 100 year old established delicatessen location.
Support & Training
Will be provided by the seller to a qualified buyer
Reason for Selling
Time to retire after 40 years in the deli business
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Richard Milordi
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Richard Milordi