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Business for Sale Summary

Deli Right off LIE - 1,600 SF - 31408

Business Type: convenience store,misc. retail/non-classifiable,other eating & drinking places,other food stores,best deals!,illness forces sale!,new to market,seller financing available,delicatessen/catering services
Deli Right off LIE - 1,600 SF
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $50,000
Gross Revenues $572,000 Lease Remaining Register Free to View
Owner’s Cash Flow $58,464 Number of FT Employees Register Free to View

Financing

$50,000 Down and $49K over 3 yrs.@ 7%

Business Description

Deli Right off LIE - 1,600 SF. Location, Location, Location! Located right off of the Long Island Expressway, this popular deli attracts a high volume of commuters, truckers, and landscapers. The large parking lot offers easy access and accommodates the volume of morning business. It is a spacious 1,600 sq. ft. with seating for 18, separate coffee station, 2 walk-ins, 12' salad case, and a 5' meat case. Neighboring stores and nearby sports fields attract a high number of customers. The business has a 10 year lease with a rent of $5,200/mth. This is very fair for a prime location. The owner is selling due to child care responsibilities with a new infant. The business is currently managed on an absentee basis. Despite this, in the most recent year the business has grossed approx. $572,000.00 (avg. of $11K/wk) with a net of approx. $58,464.00. A HANDS ON OWNER COULD SIGNIFICANTLY IMPROVE THIS. This business is priced using current and accurate numbers. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds to cover the down payment, rent security and inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.