Deli In Upscale Westchester County Shopping Center For Sale

Business description

A large, bright delicatessen 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.

Property information

Real Estate:

Lease

Lease terms:

Lease expires 2015.

Location:

Upscale shopping center of an affluent central Westchester County community.

Premises details:

A large, bright delicatessen; outstanding location with great parking. Sunny western exposure. Seating for 16 at tables in the spacious rear seating area. 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 façade to the entire building.

Size in square feet:

2,030 sq. ft.

Other information

Expansion potential:

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 / Market:

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.

Reasons for selling:

Family and new business interests.

Trading hours:

Monday thru Friday, 6:30am to 5pm
Saturday, 6:30am to 4pm
Sunday, 7:30am to 2pm

Financing available:

Seller financing may be possible, but only for a highly qualified prospective buyer.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$12,000 (included in the asking price)