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Business for Sale Summary

Busy Deli & Convenience Store- Suffolk County, NY - 29790

Business Type: retailing businesses,convenience store,special situations,best deals!,business with property available,new to market,delicatessen/catering services
Owner Financing
Busy Deli & Convenience Store- Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $300,000
Gross Revenues $724,000 Lease Remaining Register Free to View
Owner’s Cash Flow $97,950 Number of FT Employees Register Free to View

Financing

$300,000 Down and $250,000 down seller will hold a note.

Business Description

This 25-year-old deli and convenience store is located in the hub of a very busy neighborhood on Long Island. Seller wants to retire. He would like to sell the property, as well- which has two apartments, each giving $2800 a month in rental income, for 12 years. There is an opportunity to expand the deli, which could be converted into a nice mini supermarket. Seller looking to sell the business with property for $550,000, with a downpayment of $250,000, and note being held by the seller. Business alone is being sold for $100,000. Property is offered for sale through PMTG Realty. Deli does around $14,000 a week in gross sales. Lotto can be added to increase revenue. Do not miss this great business with property. Call Syed at 1 (877) 735-5224.

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 kg

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.