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Business for Sale Summary

Local Deli/Convenience Business for Sale in NY - 34500

Business Type: convenience store,other eating & drinking places,other food stores,owner financing available,delicatessen/catering services
Owner Financing
Local Deli/Convenience Business for Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $895,000 Down Payment $550,000
Gross Revenues $2,103,000 Lease Remaining Register Free to View
Owner’s Cash Flow $277,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and A note of $345,000 at 6% for 5 years.

Business Description

This well-known Deli & convenience store is doing business in a busy commercial and residential neighborhood on Long Island. Its gross sales are 2.1 million a year. Rent is $4800 a month; a 10 years lease. A free standing building, with its own parking lot. The seller owns several businesses; wants to retire; willing to finance. a real money-making business. The seller's net cash flow, after excluding all the expenses, is over $275,000 a year. Call Syed at 631-374-7686 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.