Established Meat & Deli Business in New York - 36231 Business Type: misc. retail/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 | $369,000 | Down Payment | $200,000 |
Gross Revenues | $676,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $135,200 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and $169K over 7 yrs. @ 7%
Business Description
52 Y/O Prime Meats, Deli and Catering. Est. 1972. Major Price Reduction! Seller financing for up to 7 years! 4th Generation! Only open 6 days, Tu-Sat 9-6, Sunday 9-3 and closed on Monday.
This 2,500 sq. ft. store has it all. Family owned and operated, they are a landmark in the community.
They offer a full line of Gourmet Italian Specialties, hot and cold foods and a butcher shop.
Catering for any event from 5 to 500 guests and much, much more. In the past year gross sales have averaged $13,000/wk, apprx. $676,000 for the year, but continue to trend up in the Spring and Summer.
An owner/manager would see a cash flow of approx. $135,200 or more. The current is tired and looking to retire. The landlord will offer a well-qualified buyer a long term lease, starting at $5,200/mth.
The store is 2,500 sf with an immaculate, full-kitchen, including hood system, walk-ins, deli slicers, coolers and much more.
It would cost you over $300K to build a space like this today. We are seeking a serious and financially qualified buyer with at least $200K in liquid funds.
Proof of funds will be requested prior to meeting with the owner. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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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