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This Business has been Sold!
Closing Date: 11/11/2013
Broker: Jim Aloi
Business for Sale Summary

Deli and Convenience - 22286

Business Type: bakers & confectioners,convenience store,fast food franchise,general merchandise store,other food stores,pizza parlour,restaurant/ cafes/ diners,supermarket,misc. retail/non-classifiable,bagel stores,misc. manufacturing/non-classifiable,misc. wholesale/distribution/non-classifiable,business with property available,owner financing available
Sold
Deli and Convenience
On November 11th 2013, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $150,000
Gross Revenues $920,000 Lease Remaining Register Free to View
Owner’s Cash Flow $376,400 Number of FT Employees Register Free to View

Financing

$150,000 Down and 100k over 5 years @6%

Business Description

Suffolk east end Very Niche Business available with or without property. This listing is a combo store that offers Deli, convenience, pizza, bakery & camping supplies. Triple AAA Location for large 711, Dunkin Donuts, wholesale baking, or almost any use. This building is located on a 100 by a 100 over sized property with lots of parking this free standing building has grandfather rights to be located in this busy residential area on this busy road. This store has no competition within 20 minutes from this location. This store also has large storage rooms walk in boxes and warehouse space which is not being used. Come bring your ideas or subdivide. Buyer can also add lottery, tents, more camping items, ice cream, cooked foods, Latin buffet, steam table or add more foods buyer may be able ton add bagels, or subdivide into liquor store or wholesale beverage distributor. Contact broker Jim Aloi for Info. Real estate taxes only $10,500 yearly. Buyer can also purchase real estate thru PMTG Reality for an additional $750,000 total asking price $1.1 for business and real estate. Seller and his son take out over a quarter million dollars yearly from this low overhead low payroll very profitable store. The sky is the limit here more potential then this broker has ever seen in any listing. Seller offers financing and will hold paper for qualified buyers this store is very close to major park that offers camping. Busy all year but summers are extra busy. Hurry will not last................... Great listing for a family operation. Rent To be arranged with seller if buyer wants business only. Cash Flow does not reflect rent or mortgage payment.If buyer rents seller landlord will charge $3500 per month all for rent....Call 877-735-5224

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.