Business Overview

Well equipped with all furniture, fixture, and kitchen. Fully Running and Staffed. Right off the highway, contemporary Deli & Eatery has been recently renovated. It located on the Montgomery NY.
This is a spacious 2,000 sq. ft store with a full kitchen. Offering breakfast, lunch, and grocery. Rent $2,700 a new lease can be arranged.
Please contact Broker for an appointment.

ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY WITH THE BROKER.

If you’re looking to buy or sell a business soon, don’t wait until it’s too late to take action. Contact the brokers at LINK Business to get advice about how to start the process and see how we can put things in motion to assist you.

Financial

  • Asking Price: $75,000
  • Cash Flow: $50,000
  • Gross Revenue: $270,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $30,000
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,500
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retiring

Additional Info

The transaction won't include inventory valued at $30,000*, which ins't included in the asking price.

The business has 2 employees and resides in a building with disclosed square footage of 2,500 sq ft.
The property is leased by the business for $2,700 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell businesses. Nonetheless, the true factor vs the one they tell you might be 2 entirely different things. For instance, they might claim "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be excuses to try to conceal the reality of transforming demographics, increased competitors, recent reduction in incomes, or a range of various other reasons. This is why it is extremely important that you not count entirely on a seller's word, but instead, use the vendor's answer together with your general due diligence. This will paint an extra sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering items such as supplies, payroll, accounts payable, and so on. Remember that occasionally this can imply that earnings margins are too small. Many companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be satisfied or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area bring in brand-new clients? Many times, companies have repeat consumers, which form the core of their everyday earnings. Particular variables such as new competition sprouting up around the area, road building, as well as personnel turnover can impact repeat consumers and also negatively affect future revenues. One vital thing to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the better the chance to build a returning customer base. A last thought is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? How might the local typical household income influence future earnings potential?