Tunrkey Deli with Tremendous Growth Potential - 36579 Business Type: bagel stores,other eating & drinking places,sandwich shops,delicatessen/catering services
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $179,000 | Down Payment | $179,000 |
Gross Revenues | $500,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $120,000 | Number of FT Employees | Register Free to View |
Financing
$179,000 Down and
Business Description
Discover an incredible opportunity to own and operate a freestanding deli in a high-traffic location with a rich history spanning over 75 years. This business is perfectly positioned for a hands-on owner-operator to restore it to its former glory and beyond.
The current owner is retired and manages the business fully absentee.
This deli has operated in the same location for decades, earning a loyal customer base and becoming a staple in the community. Situated in a freestanding building with ample parking, outdoor seating, and excellent visibility, it benefits from a prime location that ensures high foot traffic throughout the day. Inside, the space is immaculately clean and equipped with a modern kitchen and upgraded equipment, making it a turnkey operation ready for immediate success.
With affordable rent and an experienced team of staff who are eager to stay on, the business offers a stable foundation for growth. By introducing additional revenue streams, such as lotto, beer, cigarette sales and a delivery service, a new owner could easily capitalize on untapped market opportunities and expand the deli's reach.
This business is primed for a visionary owner to bring it back to its peak performance, last achieved in 2021, when annual sales reached $1,872,000 and owner cash flow was $360,000. With strategic management and dedication, there’s a clear path to doubling or even tripling revenue in a relatively short time frame.
For more details and the full story behind this exceptional opportunity, contact Tony Sica at 516-330-8558
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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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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