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Financing: $260,000.00 Down and balance of $100k for 60 months @ 7% Reason for Selling:Retirement 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. 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.
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. Attention Business Owners: 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. |
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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. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |