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Asking Price$299,000
Revenue$792,000 Established2005
Cash Flow$144,200 Employees4 full, 1 part
FF&E$100,000 FranchiseNo
Inventory$80,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33888
Deli and Grocery w/ Fried Chicken. Price Reduced. Local deli and convenience store in a prime area of the Bronx, just off the Cross Bronx Expwy. This store had been grossing over $20K per week in 2019. Numbers declined in 2020 due to staffing shortages, but still held at a very respectable $15K or more per week. Sales are currently averaging $2,200 per day with reduced hours of 9am-11pm M-Sat and 10am-9pm on Sunday. These figures do not include LOTTO. Gross weekly LOTTO is approx. $1 mil/yr. That generates over $65K in annual LOTTO commission alone. The business offers a spacious 1,900 sf. with 7 yrs on the current lease (this can be extended for a well-qualified buyer). The rent is $4,900/mth. Very reasonable for the area. There is also a full kitchen with hood system and multiple fryers. We are seeking a serious and financially qualified buyer with at least $299K in liquid funds. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Training/Support:Seller will train
Sale Reason:Divesting
Ad #125743
Seller Reference #33888
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