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Business for Sale Summary

Awesome High Volume Deli - 28693

Business Type: other eating & drinking places,other food stores,best deals!,new to market,delicatessen/catering services
Awesome High Volume Deli
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $570,323 Lease Remaining Register Free to View
Owner’s Cash Flow $113,556 Number of FT Employees Register Free to View

Financing

$275,000 Down and NEGOTIABLE

Business Description

Gorgeous Gourmet Deli - South Shore Nassau. ***MOTIVATED SELLER MOVING OUT OF STATE*** This is a fantastic location in Nassau. They have the best of both worlds - Summer beach traffic and visitors renting condos for the season and full time residents throughout the year. This store was beautifully renovated 2 years ago. Everything was replaced, HVAC, electric, gas lines, floors, ceilings, ALL equipment. They are once again, the busiest gourmet deli in the area, offering everything from breakfast and lunch items to gourmet catering for residential customers, private parties and corporate events. In the past year they grossed approx. $618,800.00 (approx. $11,900/wk) with a net income of approx. $113,556.00. The store could do upwards of $15K/wk. (and has in the past). They do not offer LOTTO, CIGS or BEER right now. The location is a spacious 3,000 sq. ft. The business owner is the landlord and will offer up to a 15 yr lease for a qualified buyer. The current owner does not cook, but acts as a manager. A buyer with deli/kitchen experience can come in and reduce payroll. We are seeking a serious and financially qualified buyer with at least $275K in liquid funds and some food service experience. If you fit the criteria, call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com.

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.

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.