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Business for Sale

Established Deli for Sale in Suffolk County, NY
Suffolk County, NY

Listing #29772

   
Financial Information (non-confidential)
Asking Price $120,000.00 Gross Revenues $436,800.00
Down Payment $120,000.00 Owner’s Cash Flow $84,000.00

Financing: $120,000.00 Down and None.

Reason for Selling:Other interests.

Established deli with low rent and short hours. This is a stand-alone location, right on Main Street, near the Medford area of Suffolk County. The rent is only $2,800 per month (including taxes), and it has six years left on the lease, which can be extended for a qualified tenant. The landlord may give an option to buy the building. They are open Monday through Friday- 4:30am - 4pm, Saturday- 6am - 2pm, and Sunday- 6am - 1pm. The kitchen has been recently renovated. This is a free-standing building of approximately 1600 sq. ft., with a large basement for storage and private office. This deli averages $8400 per week, with gross sales of $436,800.00 in the past year. The net income was approx. $84k. They do have a beer and wine License, an ATM and cigarettes that generate additional income. The seller is motivated, with some flexibility on price. We are looking for a buyer with at least some deli experience. We are seeking a serious and financially-qualified buyer with at least $120K in liquid funds. To learn more, please call 1-877-735-5224. 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 kg
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
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Melvin L. Vaz

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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