Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
Broker Contact FormKOSHER DELI / CAFETERIA / FAST FOOD IN MIDTOWN MANHATTAN
Manhattan, New York
Listed Price: $ 900,000
Listing ID: XM3330322
Listing DetailsDown Payment: $ 450,000
Gross Revenue: $ 2,028,000
Cash Flow: $ 350,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
OWNERS MOVING OUT OF STATE-RETIRING
Training & Support:
SELLERS WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
Kosher Deli available in mid-town Manhattan. Cafeteria style set-up. Serves hot and cold food. Offers catering and delivery services. Increased revenue and SDE!
GREAT LOCATION and long-term lease.
Owner Qualifications:
NO PRIOR EXPERIENCE NECESSARY
Competition:
VERY FEW KOSHER RESTAURANTS IN THE AREA
Potential Growth:
UNLIMITED WITH ADVERTISING AND MARKETING
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: NEW 10 YEAR LEASE FOR QUALIFIED BUYER
Lease Security: 0
Monthly Rent: $ 8,750
Square Footage: 4000
Facilities:
TWO FLOORS OF SPACE ON A BUSY MIDTOWN MANHATTAN STREET ACROSS FROM THE EMPIRE STATE BUILDING
OperationYear Established: 2008
Days & Hours of Operation: M-TH 7 AM-6PM FRI-7AM-2PM
Non-owner Payroll: $ 44,000
Employees: Full Time: 8
Managers: 1
Absentee Owner: Yes