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Established Delicatessen In New York For Sale

New York, US
Asking Price:
$300,000 Inventory / Stock included
Sales Revenue:
$850,000
Cash Flow:
$225,000

A well-established deli and cafe in a fantastic beach town location has thrived for over four decades. It boasts a solid reputation, cleanliness, and outstanding reviews, making it an excellent business opportunity for immediate profitability. The location benefits from a favorable lease and landlord arrangement. The owner oversees operations with the assistance of four employees, resulting in a net profit of $225,000 after covering all expenses and payroll. The sale also includes $40,000 worth of inventory at cost. There is untapped potential in the form of a significant market for online orders that has yet to be explored. With the owner looking to retire, serious offers are encouraged. Don't miss the chance to explore this exceptional deli.

Business Operation

Reasons for selling:

Retirement

Employees:
5 FT
Years established:
40

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

220,000.00 Down & balance of $80k with terms TBD

Furniture / Fixtures value:
$75,000
Inventory / Stock value:
$50,000 - included in the asking price