Convenience Grocery Deli 27k Weekly Lower East Side NYC

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Asking Price:
$440,000

Gross Revenue:
$1,400,000
Cash Flow:
$171,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Fantastic Corner NYC STORE 1300 square feet. 26-28k weekly. Hours are Monday-Thurs 6-12 Fri-Sat till 2am & sun 8pm. Full Basement, Rent only 6900 with 13 years left on lease. Great opportunity to own a great corner store netting 180k verifiable. Store is currently grossing 28k avg and sits on the same block with high school 200 feet away, many new condos and co-ops being built, tons of bars and restaurants, great foot traffic.

About the Business

Real Estate:
Leased
Lease Expiration:
4/17/2028
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
Seller is willing to train new owner
Seller Financing:
100000

Listing Info

ID:
1494596
Ad Detail Views:
3

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Business Listed by

Henry Galasso

East Coast Stores NYC, Long Island, Westchester

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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