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#2669JH Gourmet Market for sale in New York City, NY

New York City, New York (NY)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 1,679,000 $ 314,830

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Inventory Value:
$ 40,000 (included in the asking price)

Business Summary:
Excellent location in upper eastside NYC, gourmet/market/caf /catering/BYOB. High sales, high net profit. Located in a lobby hotel with 36 floors/suites, no other restaurant in hotel. Room service allowed. New outside seating just opened up since June 06. Sales = 4K p/wk. Subway shop will be added to corner of business. Increase of traffic flow. Breakdown of sales: Marketing 89%, Catering 10%, Seamless internet sales 1%, average price 79%. Buys $1- sells $2, 21% prepared foods buys $1- sells $5.

 

   
Year Business was Established: 2005
   
Number of Employees: 10 ft, 2 pt  
   
Facilities / Terms of Lease: 2,300 sq ft. 300K Furniture, Fixtures, & Equipment. Parking in garage or street. Only a year old.  
   
Potential Growth/Expansion: Rent out roof top for additional sales & seating 100, add liquor license.  
   
Competition: None.  
   
Owner willing to finance: None.  
   
Owner willing to train: 2 wks  
   
Reason for selling: Partner dispute.  
   
Seller Reference Number: 2669JH
BusinessMart.com Listing Number: 6269
 

 

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For more info contact:

Larry Bodner

Executive Business Brokers
908-851-9040

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