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Business for Sale Summary

Established Deli in Suffolk County, NY - 29772

Business Type: must sell/drastic price reduction!,new to market,delicatessen/catering services
Established Deli in Suffolk County, NY
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Financial Information (non-confidential)

General Information
Asking Price $70,000 Down Payment $70,000
Gross Revenues $201,634 Lease Remaining Register Free to View
Owner’s Cash Flow $70,000 Number of FT Employees Register Free to View

Financing

$70,000 Down and None.

Business Description

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 $4K per week, with gross sales of $201,634.00 in the past year. The net income was approx. $70k. 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 $70K in liquid funds. To learn more, please call Mel Vaz at 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

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.