Lower East Side Deli & Grocery. Big success & great location

New York, NY (New York County)

Seller Financing Available
Lower East Side Deli & Grocery. Big success & great location

Asking Price:$275,000

Cash Flow:$154,856

Gross Revenue:$936,000

EBITDA:N/A

FF&E:$110,000

Inventory:$70,000

Established:2014

Lower East Side Deli & Grocery. Big success & great location

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Business Description

NEW LISTING! Lower east side Manhattan Deli & Grocery. open 24 hours. All new equipment. Provable revenues of $18k-20k per week. Sellers are taking out over $15,000 a month!

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Experienced owner and his uncle invested $110,000 for the build-out of this new deli and grocery in a great location on the LES. Family is not getting along, so they have agreed to sell. Meantime- the deli/grocery is a hit! Fresh made deli, sandwiches, panini's and wraps. A slight majority of sales is grocery revenue. (No need for NYC Board of Health Restaurant ranking)
Competition:
Few 24 hour Deli & Groceries in the area. Major Street lower east side. This one is a year old with new equipment. Garden out back hold large walk-in refrigeration.
Growth & Expansion:
500 SF next door is available for immediately doubling space for more groceries, seating and deli. (And the additional rent will be very reasonable, according to seller!)
Financing:
137500
Support & Training:
2 weeks
Reason for Selling:
partnership not working out

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Carey Davis

Business Listed By:
Carey Davis

Transworld Business Advisors of NY

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Transworld Business Advisors

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