Deli in Upscale Busy Shopping Center

Location: Westchester County, New York

Primary Category: Retail - Other Eating & Drinking Places
Secondary Category: Retail - Restaurants
Your Reference ID: 469

Financial Information
Asking: $189,000
Gross: 378,718
Cash Flow: $54,493
Furniture, Fixtures & Equipment: 25,000
Inventory: 5,000 (included in price)

Summary Description
Motivated Sellers! A large, bright delicatessen in an upscale shopping center of an affluent community. Outstanding location with great parking. Sunny western exposure. Seating for 16 at tables in the spacious rear seating area. Current owners have taken what was a tired, older business and rejuvenated it, building the client base and revenues The difficult work has been done, just move in and run the business! Corporate account relationships, customers from adjacent stores & businesses, trade & utility workers, police department, school system, etc.

General Information
Facilities: Outstanding location with great parking. Sunny western exposure. Seating for 16 at tables in the spacious rear seating area. 2,030 sq. ft.; extensive parking right in front easily allows for large utility & municipal trucks. New drop ceiling & flooring. All systems are up to code. Upgraded Ansul Fire Protection system. Shopping Center s landlord recently completed a new fa ade to the entire building. Lease expires 2015.
Competition: No competition in the shopping center. This is a winner, and although there are other food stores in the community at large, the owners have worked hard to provide a top notch product and to be popular proprietors in the community.
Growth and Expansion: Stay open longer. Owners close at 4pm and are closed on Sunday! Do some advertising & marketing to pull in more customers from the nearby high school and businesses. Add some additional products such as frozen yogurt, a salad bar, etc.
Support/Training: One week or more if negotiated
Reason Selling: Family requirements
Year Established: 2004
Employees: 1 plus owners

Contact Information
Contact: Steve Lovas
Phone: 914 552 0888
Email: slovas@chandalar.com