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This Business has been Sold!
Closing Date: 01/31/2019

Business for Sale Summary

Established Deli in Suffolk County, NY - 31255

Business Type: delicatessen/catering services
Sold
Established Deli in Suffolk County, NY
On January 31st 2019, The Undersigned
Acted as the Advisor to the Deal
Joseph DeGaetano
Joseph DeGaetano Senior Broker
Servicing: Nassau County NY, New York County NY, Queens County NY, Suffolk County NY
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.

Financial Information (non-confidential)

General Information
Asking Price $90,000 Down Payment $90,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $119,216 Number of FT Employees Register Free to View

Financing

$90,000 Down and

Business Description

This Deli is in a beautiful area of Suffolk county, Tons of Foot traffic because of local marinas and ferries, It is a free standing building with a nice size parking lot. Hours are 6 am to 5 pm, 7 days a week. Store is about 1200 sq feet with a full kitchen. Beer and Cigarette License are in place as well as an Atm for additional revenue. Sales can be increase with delivery and catering options. Four years left on previous lease with a option. Staff is to stay on with new owner. Store has a very good landlord. Rent is only 2500 a month. Owners gross income shown on tax returns is between 300-400 thousand. Owners net income is 119,216.

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.