Deli In Upscale Shopping Center
Location New York,United States
Asking Price Range < $250K
Gross Revenues $488000
Net Profit / Cash Flow $98000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 4 - 5
Inventory 37000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Seller will train at no cost for 1 week.
Reason for Sale Family and new business interests.
Description A large, bright delicatessen for sale in an upscale shopping center of an affluent community. Outstanding location with great parking. Sunny western exposure. Seating for 16 at tables in the spacious rear seating area. Current owners have taken what was a tired, older business and rejuvenated it, building the client base and revenues... The difficult work has been done, just move in and run the business! 2008 sales were up 7% from 2007 and despite the current economy sales are even for 2009. Corporate account relationships, customers from adjacent stores & businesses, trade & utility workers, police department, school system, etc.
Asking $199,900
Facilities: 2,030 sq. ft.; extensive parking right in front easily allows for large utility & municipal trucks. New drop ceiling & flooring. All systems are up to code. Upgraded Ansul Fire Protection system. Shopping Center's landlord recently completed a new fa‡ade to the entire building.
Growth and Expansion: This is a popular deli and growing every day. Do some advertising & marketing to pull in more customers from the nearby high school and businesses. Add some additional products such as frozen yogurt, a salad bar, etc.
Competition Pros & Cons: No competition in the shopping center. This is a winner, and although there are other food stores in the community at large, the owners have worked hard to provide a top notch product and to be popular proprietors in the community.
Support/Training: Seller will train at no cost for 1 week.
Reason Selling: Family and new business interests.
Employees: 4 F/T, 1 P/T
Years In Business/Years Owned: 17/4
Contact Information
Contact: Bob Koch
Email or call: 914-713-4632
Click Here To Contact Seller
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