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Business for Sale Summary

Deli & Convenience Store for Sale in Suffolk County, NY - Established 40 Years - 37434

Business Type: convenience store,general merchandise store,other eating & drinking places,other food stores,restaurant/ cafes/ diners,sandwich shops,delicatessen/catering services
Deli & Convenience Store for Sale in Suffolk County, NY - Established 40 Years
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Financial Information (non-confidential)

General Information
Asking Price $625,000 Down Payment $500,000
Gross Revenues $1,102,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$500,000 Down and

Business Description

A 40-year-old deli and convenience store located in a heavily populated area on Long Island, Suffolk County, NY. The seller has owned this thriving business for 20 years and is now looking to retire. This business features its own parking space and also benefits from subletting an apartment attached to the premises, generating an additional income of $2,100 per month.

The deli and convenience store boasts annual gross sales exceeding $1.1 million, catering to a bustling clientele with a focus on breakfast and lunch, particularly known for its signature Manual's offerings. Both dine-in service and take-out orders contribute to a high volume of business, making it a popular destination for locals.

After accounting for all expenses, the seller's net cash flow stands at over $200,000 annually, presenting a lucrative opportunity for new ownership. Seller financing is also available, ensuring a smooth transition for prospective buyers. All existing employees are willing to continue under new management, providing a seamless operational handover.

For more information, please call Syed Ahmed at 631-374-7686.



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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.