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Business for Sale

Established Deli for sale in Nassau County, NY
Nassau County, NY

Listing #31349

   
Financial Information (non-confidential)
Asking Price $575,000.00 Gross Revenues $1,560,000.00
Down Payment $400,000.00 Owner’s Cash Flow $216,000.00

Financing: $400,000.00 Down and

Reason for Selling:A rift within the partners

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.
Syed Ahmed
Senior Business Broker
631-374-7686
sahmed@vestedbb.com
Servicing Area:
Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
Syed Ahmed

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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