JUST REDUCED Absentee Run Manhattan Deli/Grocery Corner Location

New York, NY (New York County)

JUST REDUCED Absentee Run Manhattan Deli/Grocery Corner Location
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Asking Price: $599,000

Cash Flow: $240,000

Gross Revenue: $1,300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $13,437.67 /Month

Established: N/A

JUST REDUCED Absentee Run Manhattan Deli/Grocery Corner Location

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Business Description

Fabulous location, on the corner of 6th Avenue and Houston Street. Summer Gross 30k -35k weekly and Winter Gross 20k-25k. Store has been growing for 2 1/2 years. All brand new equipment. Reason for selling is store is being run absentee without owners or a manager. Store does fantastic even with no owners who are busy with other stores. Gross is $25,000 weekly, Rent $13,500/month. Additional income of $3,000 monthly from rental of sidewalk to flower vendor. Potential to do so much more sales by adding Lotto and having an operator or manager involved. Deliveries are $10,000/monthly.

Detailed Information

Location:
New York, NY
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
6/13/2026
Support & Training:
Seller willing to train new owner
Reason for Selling:
partner disputes
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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