Edward Lee

NGU Business Real Estate LLC

Phone: Show Phone Number


Contact Broker

Bronx, New York

About the Company

Broker Biography

Introduction

www NGUBIZ com

NGU Business Real Estate, LLC is a family-owned residential and commercial brokerage. Our primary focus is small to mid-sized businesses in and around the NYC area. We help existing business owners sell their businesses and prospective buyers find a business that fits their needs.

In 2010, Mary started out as a real estate salesperson for ReMax. She realized very quickly that her clients came to her for help selling not only their homes, but their small businesses. Many successful small business owners are great operators but need assistance finding able and willing buyers for their businesses. Mary had owned and operated three small businesses herself, so she knew how to help. In 2013, Mary earned her broker license and NGU was formed, with Edward assisting from time to time behind the scenes with operations, administration and marketing.

Since then, NGU has worked with hundreds of small businesses, helping owners find the right buyers to successfully take over their operations. We’ve listed dry cleaners, laundromats, commercial laundries, and hospitality linen services, as well as beauty salons, restaurants, delis, and grocers.

Edward has now joined Mary so they can work together, bringing their combined experience in finance, international relations, consulting, and real estate to help business owners sell to the right buyer. NGU stands for “Never Give Up” — and that’s the motto we live by. We work with integrity, transparency, persistence, and try to give our best to our clients.

Edward holds a finance degree from Carnegie Mellon University. He previously worked in investment banking and Fortune 500 management consulting, where he focused on improving business operations and modernizing technology.

He began trading stocks in high school — his first purchase was Google — and now follows macroeconomic trends and quantitative strategies. He has built and owns three ventures: an AI customer analytics platform that analyzes complaints, surveys, and call transcripts to surface organizational pain points; a professional job board that lets candidates present themselves beyond a resume; and a CRM platform for beauty salon booking and discovery. A tennis enthusiast and singer, Edward values long client relationships and learning how each business really works.

Areas Served

  • Bronx County, NY
  • Business For Sale Listings

    $250,000
    Cash Flow: $70,000 
    New York, NY 
    View Details 
    Dry Cleaners – Space for Machines and Factory (Manhattan)

    Located in an EXCELLENT LOCATION – major transportation hub and very busy commerce areaRun as drop store only – ground floor has room for one large 50lb machine and basement is completely empty.EXPERIENCED OWNER can establish a factory in center of busy area and expand/service to other drop storesCurrent owner does offer Wash and Fold – another revenue stream that can be developed and grownAnnual Gross Revenue: $ 250,000Cash Flow/Net Income: $ 70,000Rent: $ 9,600Lease: 8 Years Sq. Feet: 800 + Basement 800 

    $280,000
    Cash Flow: $80,000 
    New York, NY 
    View Details 
    Dry Cleaners – Great Location – Long Lease (Manhattan)

    Description Established around 30 years ago, current owner has owned for 9 years.Staple of the neighborhood located right in the center of residential area along a major avenue.Close to other local shops and train stop, right along daily commuter routes.Experienced tailor can take over and increase cash flow – currently a 50/50 split with existing tailorCurrent Owner doesn’t offer Wash and FoldAnnual Gross Revenue: $280,000Cash Flow: $80,000Lease Remaining: 10 years newSq. Feet: 700 Rent: 5,800For more listings: www ngubiz com 

    $200,000
    Cash Flow: $75,000 
    Yonkers, NY 
    View Details 
    99 Cents/Discount Store - Long Lease - Large Space - Yonkers

    Description Very large 99 cent / discount store located on busy area, with plenty of trafficHANDS ON OWNER CAN MAKE AN ADDITIONAL $50K BY REDUCING PAYROLL!!The basement is extremely large with its own street level entrance and shutters - previously was a gymCreative owner can add a second business or rent out as storage.Annual Gross Revenue: $ 370,000Cash Flow/Net Income: $ 75,000Rent: $6,000Lease: 13 years remainingSq. Feet: 2,800 + 2,800 (Basement) 

    $250,000
    Cash Flow: $120,000 
    New York, NY 
    View Details 
    Pizzeria - Busy Residential/Commercial – Long Lease- (Manhattan)

    Well Established business since 2012 – Current owner has owned since 2019Located on main commuter route, close to train lines, major healthcare provider, police, schools and residentialGreat as a starter business - current owner only has limited menu focused on pizza with great profits Experienced buyer can stretch cooking area and expand menu offerings – salads, fried chicken, beverages, etc.Annual Gross Revenue: 500,000Cash Flow/Net Income: 120,000Rent: 5,500Lease: 3 Years remaining (10 years will be obtained for new buyer)Sq. Feet: 1,300 

    $450,000
    Cash Flow: $220,000 
    White Plains, NY 
    View Details 
    Upscale American Restaurant – Westchester

    Well Established business since 2010 and well-known several towns over – all upper-middle class clientele Almost 5 Star UberEats rating (4.8) and 4.5+ on all major platforms, favorite local spot on the weekends.Great American style family restaurant with patio space – currently opens only from 5pm to 10pm on weekdaysOperate as-is or innovative owner can expand menu and lunch offerings during the weekdaysAnnual Gross Revenue: $ 960,000Cash Flow/Net Income: $ 220,000Rent: $8,000Lease: 10 years new for buyerSq. Feet: 2,500+ 

    Featured Sold Listings Listings sold on BizQuest: 0
    Contact Broker
    By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice