5 Day Cafeteria - Deli in Office Building - 24912 Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,wholesale/dist businesses,misc. wholesale/distribution/non-classifiable,delicatessen/catering services
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $125,000 | Down Payment | $125,000 |
| Gross Revenues | $239,632 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $78,352 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and None
Business Description
5 Day Cafeteria - Deli in Office Building. OPEN ONLY M-F 7am-3pm. This is a fully equipped, 1,900 sq. ft. space. They offer a full kitchen, grill with hood, prep area, etc. There is also a seating area for 40. RENT IS ONLY $975.00 PER MONTH! That rent includes gas, water and garbage. THEY JUST SECURED A NEW 10 YEAR LEASE WITH ONLY 3.5% ANNUAL INCREASES. It is the only food service in this upscale office building on the service road of the LIE. In the past year the business grossed approx. $260,000.00 (That does not include another approx. $156,000.00 in wholesale business from supplying 6 coffee trucks daily). The net income was approx. $78,351.00. The wholesale could be expanded as well as offer private catering. This is ideal for an outside catering operation. All equipment is owned by the seller except for the hood system. All buyers MUST have deli, catering or restaurant experience. This is a wonderful opportunity and a must see! This motivated seller is seeking the right buyer. If you are serious and meet the qualifications listed, please call or email Mel Vaz at 631-909-1095 or mvaz@vestedbb.com.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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