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Well Established American Deli
Suffolk County, NY |
Listing #19694 |
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| Financial Information (non-confidential) |
| Asking Price |
$400,000.00 |
Gross Revenues |
$718,000.00 |
| Down Payment |
$300,000.00 |
Owner’s Cash Flow |
$284,916.00 |
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Financing: $300,000.00 Down and Neg open to it but must have 75% of selling price.
Reason for Selling:
Well established Convenience store cum deli and caterer has been located in a strip mall on a main road in Suffolk County for over 30 years. Current owner has operated the deli for the last 11 years. Owner's retirement creates this excellent opportunity for the right person as an owner operator. The deli does a very large breakfast and is run efficiently. As a result, it enjoys high profit margins. This business also does about $30,000 a year in catering. The business has opportunities for growth. If you're looking for an established deli with room for growth and a good price, then inquire now. The business also has lotto and earns $38,000 a year in commission. The seller is willing to finance, as well. The seller's yearly net is close to $300,000. This business won't last, so call Syed at 631-374-7686 for more information.
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Syed Ahmed
Senior Business Broker
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Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
