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This Business has been Sold!
Closing Date: 07/17/2016
Broker: Syed Ahmed

Business for Sale Summary

Thirty-Five Yr. Old Deli - 28242

Business Type: retailing businesses,other eating & drinking places,other food stores,special situations,best deals!,distressed sales!,new to market,seller financing available,delicatessen/catering services
Sold
Thirty-Five Yr. Old Deli
On July 17th 2016, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
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.

Financial Information (non-confidential)

General Information
Asking Price $115,000 Down Payment $65,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $73,800 Number of FT Employees Register Free to View

Financing

$65,000 Down and

Business Description

This thirty five years deli is located on one of the busiest roads on long Island. Seller owns it for thirty years, and now he wants to retire. He will also finance. A great opportunity for a new buyer who knows how to buy an old business, with loyal clientele, and then to turn it around. The business sells breakfast & lunch, and has beer. Lotto and cigarettes can be added to boost the sales. Seller's wife is willing to work with a new buyer. Seller's net cash flow, after paying all the expenses, is over $6,000 a month. Call 1-877-735-5224 for more information.

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.

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.