White Plains Area Deli/Catering NET 175K Less than 24 mo ROI
New york (Westchester)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11603
Business Type:
Established Businesses
Business Category:
Delicatessen/Catering Services
State:
New york
County:
Westchester

Other Information

Financial Information

Asking Price:
$325,000
Gross Income:
$700,000
Cash Flow:
$175,800
Seller Financing:
$75,000  

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Business Description

Great opportunity to Own this 32 year own Deli/Catering Business in the White Plains Area, that is doing over 50K a month in sales WITHOUT selling any Beer, Lotto, or Cigarettes. They are currently doing about 40% of their sales in catering and the other 60% in walk in sales and Deliveries. They do NOT use uber eats or Grub Hub. The landlord is willing do give the new owner a 10 year lease with a 5 year option, with no Escalation for the first years and a 10% increase after the 5th year. The rent is 6,000 thousand a Month owner is willing to stay on full time for the first month and part time for the second month to aid in the new owners transition. He will be the landlord so he has a vested interest in your success. Please have POF ready.

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11603

Business Listed By

Michael Scher

Email this List   516-342-1648
Email this List   718-640-4523
Email this List   Mike@eastcoaststores.com
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