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Business for Sale Summary

Delicatessen for Sale in New York - 35241

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,delicatessen/catering services
Owner Financing
Delicatessen for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $220,000
Gross Revenues $850,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$220,000 Down and balance of $80k with terms TBD

Business Description

A well-established deli and cafe in a fantastic beach town location has thrived for over four decades. It boasts a solid reputation, cleanliness, and outstanding reviews, making it an excellent business opportunity for immediate profitability. The location benefits from a favorable lease and landlord arrangement. The owner oversees operations with the assistance of four employees, resulting in a net profit of $225,000 after covering all expenses and payroll. The sale also includes $40,000 worth of inventory at cost. There is untapped potential in the form of a significant market for online orders that has yet to be explored. With the owner looking to retire, serious offers are encouraged. Don't miss the chance to explore this exceptional deli—contact listing broker Brian Bernstein at 929-969-0007.

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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.