Well-Established Deli & Catering Business for Sale - 36531

Financing

$275,000 Down and balance of $100k for 60 months @ 7%

Business Description

For over 50 years, this beloved hometown deli and catering business has been a staple in the community, consistently thriving. The business has been expertly managed for the last 7 years, with the current owner purchasing it from the previous owners 3 years ago. Unfortunately, due to health reasons, the owner is retiring and offering this exceptional opportunity. In the past 2 years, $150,000 has been invested in renovations, including new refrigeration, air compressors, LED lighting, and more. The space is immaculate and well-maintained, with 12 years remaining on a favorable lease. The location is prime, with heavy foot traffic and a friendly landlord. The facility includes 2 walk-in freezers, bagel-making equipment, and an on-site ATM. Currently, 15% of revenue is generated from catering. There is significant potential for growth with a new owner, including the opportunity to add lottery and beer sales, as well as extending operating hours. For more information, please contact the broker, Tony Sica, at 516-330-8558.

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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.