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Business for Sale Summary

Deli & Catering Business in Suffolk County, NY - 29984

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,absentee business,seller financing available,delicatessen/catering services
Owner Financing
Deli & Catering Business in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $700,000 Down Payment $500,000
Gross Revenues $1,717,000 Lease Remaining Register Free to View
Owner’s Cash Flow $240,000 Number of FT Employees Register Free to View


$500,000 Down and $200,000 for 5 years @7%

Business Description

This huge, 5000 sq. ft., well-known deli and restaurant is for sale in western Suffolk County. They are well-known for their pick-up home-cooked meals. They serve shrimp, rotisserie chicken, fried fish, ribs, platters, sandwiches, breakfast, salads, cold cuts, cold beer, deserts, snacks and more. This place is established 40 years, and is run 100% absentee. A buyer who does more advertising, some updating, offers bagels and adds another concept can double these numbers. This is a free-standing building with plenty of parking. There is easy access good exposure. It's profitable absentee, but a hands-on buyer will do "off the chart" numbers. They are well-known for their great catering packages, as well. Contact broker Jim Aloi for more information 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.