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Hot& Cold Ethnic Deli&Grocery Store In Kings County For Sale

Kings County, New York, US
Asking Price:
$218,750 (USD)
Sales Revenue:
$832,000 (USD)
Cash Flow:
$125,000 (USD)

The Price Was Just Reduced on this Established and Authentic Food Market in Brooklyn. The Totally Absentee Owner of this Hot & Cold Ethnic Deli & Grocery Store puts $10K/month in his pocket, on average. The rent is only $6,100/month for 1,800 square feet. There are 5 years left on the lease and the landlord stands ready to extend it by at least another 5 years. The store's full-time manager and four other loyal employees would all like to stay on. Gross revenues average $16K/week. The store sells beer. You may want to add Lotto, cigarettes, and an ATM. The huge kitchen can be used as a commissary to generate revenue from wholesale and catering accounts, who may want access to the homemade delicacies this store is know for in and around its neighborhood. Please become a premium member to obtain the name & address for a discreet visit as a customer.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-31873 for instant access to this business information.

Business Operation

Reasons for selling:

The absentee-owner must sell this business to establish another one in his field of interest (pharmacies).

Employees:
5FT
Years established:
2005

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$15,000 (USD)

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