East End Deli - Hot Spot for sale in NY - 32419 Business Type: bagel stores,bakers & confectioners,illness forces sale!,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,other eating & drinking places,other food stores,owner financing available,delicatessen/catering services
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $225,000 | Down Payment | $175,000 |
| Gross Revenues | $600,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $120,000 | Number of FT Employees | Register Free to View |
Financing
$175,000 Down and $50K over negotiable terms for a qualified buyer with experience, good credit and a personal guarantee.
Business Description
East End Deli - Hot Spot. Price Reduced! Change your life and own a business in one of Long Island's premier waterfront communities. This fabulous deli business has very limited competition and features a wholesale and retail bakery, off site catering and seating for 49. The business has benefited dramatically from the increased ferry trade on Long Island. Now, there has been a surge of new full-time residents who have fled Manhattan due to Covid. They are staying indefinitely. A new owner can expand business and increase revenue dramatically by opening in the evenings. They are currently open 7 days from 5:30am-3pm. In the past year the business grossed approx. $600,000.00 with a net profit of approx. $120,000.00. There is room to add beer, lotto, candy, etc. The wholesale bakery is also a diamond in the rough and can be scaled accordingly with the buyer's vision. We are seeking a serious and financially qualified buyer with at least $175K in liquid funds. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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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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