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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 at www.vestedbb.com to obtain the name & address for a discreet visit as a customer. 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 to discover the difference that is Vested Business Brokers.

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:
2007

Other Information

Support & training:

Seller will train

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

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