Established Deli for Sale in New York - 31528

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Thirty Years Old- 100% Absentee
Asking Price:
$200,000

Gross Revenue:
$900,000
Cash Flow:
$96,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
$60,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This 30 years old deli & convenience store is situated in the midst of a busy area in Manhattan: 2 schools, one hospital, and a post office are in the vicinity. Rent is $5600 with 9 years lease. Gross sale is $16,000 a week; lotto makes $3400 a month in commission; bitcoin and ATM earn $1100 a month in commission. The business has lotto, beer, cigarettes, EBT, breakfast & lunch, etc. Seller is selling at a very reasonable price because he owns 6 businesses in Brooklyn; is unable to run this one. Seller's net cash flow is $8,000 a month. Call Syed at 631-374-7686 for more information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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About the Business

Number of Employees:
4/2
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About the Sale

Reason For Selling:
100% absentee
Training/Support:
seller will train

Listing Info

ID:
1614136
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.