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[UNDER CONTRACT] Delicatessen/Restaurant – NYC

Price: $700,000

Location: New York, New York

Industry: Food and Restaurants

Listing ID: 00022

This delicatessen/restaurant business for sale is a NYC staple that prides itself on its traditional dishes and old world flair. Although the restaurant looks like a diner straight from the 1930s, the business appeals to younger patrons by maintaining a young staff, playing up-beat tunes, and serving a meticulously curated and contemporary wine list. The menu includes standard Jewish and American fare such as: specialty sandwiches, hot dogs, burgers, knishes, homemade soups, cold salad platters, and much more. The business also offers catering and delivery all throughout the tri-state area.

Listing Details

Gross Revenue: $3,300,000

Cash Flow: $350,000

Inventory: $30,000

Reason For Sale:

Seller has other interests.

Training & Support:

Will provide as necessary.

Operation

Year Established: 1999

Year of Last Acquisition: 2010

Days & Hours of Operation: 7 days

Non-Owner Payroll: $15,000

Employees: 42 Full Time

Location

Monthly Rent: $ 38,000

Square Footage: 3000

Facilities Information:

Full working kitchen, full service restaurant, and outdoor cafe.