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Business for Sale Summary

Established Deli for sale in Nassau County, NY - 31349

Business Type: general merchandise store,other eating & drinking places,other food stores,seller financing available,convenience store,supermarket
Owner Financing
Established Deli for sale in Nassau County, NY
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Financial Information (non-confidential)

General Information
Asking Price $575,000 Down Payment $400,000
Gross Revenues $1,560,000 Lease Remaining Register Free to View
Owner’s Cash Flow $216,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and

Business Description

This 70 years old deli & convenience store is located at a busy road in Long Island. Its gross sale is $30,000 a week; rent is $4600 a month; lotto makes $5,000 a month in commission. It is laced with lotto, beer, cigarettes, EBT, ATM, breakfast and lunch, etc. Seller, due to a rift within the partners, wants to sell. Seller financing is available. it is a must buy business; a new buyer will be financially settled for life. Seller's net cash, after paying all the expenses, is $18,000 a month.

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.