MergerPlace

Bagel store deli 300k+ cash flow in NY

New York (Westchester)


  • Asking Price: $650,000
  • Gross Income: $1,200,000
  • Cash Flow: $300,000
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $100,000
  • Listing ID: #202286
  • Established: 1960
  • Employees: 6 FT - 2 PT

Business Description

Newly renovated Bagel store Deli with a high cash flow in a fantastic neighborhood in Upper Westchester County. This Deli has been around for 60 years and has always made lots of money. The deli just moved across the street into a better space with plenty of parking and outside seating. The deli is well known in the community. The deli has a lot of accounts with pharmaceutical companies, they do a lot of catering. The buyer needs to know the deli or food business to keep up with the fast pace. Don't let this one slip away.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New York
County: Westchester

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT - 2 PT

Financial Information

Asking Price: $650,000
Gross Revenue: $1,200,000
Cash Flow: $300,000
FF&E: $100,000
Inventory: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

Newly Renovated The Business is a stand alone building has outside seating and parking lot. The store is about 2,000 square feet. Beautiful looking store and real nice deli case; just move in don't have to do a thing. The store has a long lease. Option to buy building

Growth & expansion opportunities:

You can add more products such as flowers and vegetables to sell.

Competition:

The business draws from the surrounding area. Also does business with pharmaceutical reps.

Reason for selling:

Burnt out after 25 years in the business.

Support & Training:

Willing to stay on for a smooth transition.

Contact Business Seller

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Business Listed By:

Ron DeMara

Capital Business Solutions