White Plains Area Deli/Catering NET 175K Less than 24 mo ROI

Elmsford, NY (Westchester County)

Seller Financing Available
White Plains Area Deli/Catering NET 175K Less than 24 mo ROI
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Asking Price: $320,000

Cash Flow: $175,800

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $12,933.30 /Month

Established: N/A

White Plains Area Deli/Catering NET 175K Less than 24 mo ROI

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Business Description

Great opportunity to Own this 32 year own Deli/Catering Business in the White Plains Area, that is doing over 50K a month in sales WITHOUT selling any Beer, Lotto, or Cigarettes. They are currently doing about 40% of their sales in catering and the other 60% in walk in sales and Deliveries. They do NOT use uber eats or Grub Hub. The landlord is willing do give the new owner a 10 year lease with a 5 year option, with no Escalation for the first years and a 10% increase after the 5th year. The rent is 6,000 thousand a Month owner is willing to stay on full time for the first month and part time for the second month to aid in the new owners transition. He will be the landlord so he has a vested interest in your success. Please have POF ready.

Detailed Information

Location:
Elmsford, NY
Real Estate:
Leased
Building SF:
1,368
Lease Expiration:
8/29/2029
Financing:
75000
Support & Training:
Seller willing to train new owner
Reason for Selling:
Retirement
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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