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Business for Sale Summary

East End Deli - Hot Spot - 32419

Business Type: bagel stores,bakers & confectioners,illness forces sale!,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,other eating & drinking places,other food stores,seller financing available,delicatessen/catering services
East End Deli - Hot Spot
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This business has received 46 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $349,000 Down Payment $210,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$210,000 Down and $139K over 3 yrs. @ 6%

Business Description

East End Deli - Hot Spot. Change your life and own a business in one of Long Island's premier Waterfront Communities. This fabulous deli business has very limited competition and features a wholesale and retail bakery, off site catering and an seating for 49. The business has benefited dramatically from the increased ferry trade on Long Island's North Fork. In fact the area has been steadily growing as people are moving to the North Fork instead of the Hamptons. Presently this money maker closes at 3 in the afternoon, however a new owner can expand business and increase revenue dramatically by opening in the evenings. They are currently open 7 days from 5:30am-3pm. In the past year the business grossed approx. $600,000.00 with a net profit of approx. $120,000.00. There is room to add beer, lotto, candies, cakes, etc. The wholesale bakery is also a diamond in the rough and can be scaled accordingly with the buyer's vision. We are seeking a serious and financially qualified buyer with at least $210K in liquid funds to cover the down payment. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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.