Established Deli with Low Rent and Short Hours - 21128 Business Type: owner financing available,business with property available,delicatessen/catering services,other eating & drinking places,other food stores,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $99,000 | Down Payment | $99,000 |
| Gross Revenues | $431,337 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $100,334 | Number of FT Employees | Register Free to View |
Financing
$99,000 Down and Negotiable
Business Description
Established Deli with Low Rent and Short Hours. This is a stand alone location right on Main Street near the Patchogue area of Suffolk County. The Rent is only $2,300 per month (includes taxes) and it has a new 10-yr Lease. The landlord may give an option to buy the building. They are open M-F 4:30am -4pm, Sat. 6am-2pm, and Sun 6am-1pm. The kitchen is newly renovated and the equipment was replaced just 4 1/2-yrs ago. It is a Free Standing Building, approximately 1600 sq ft with a large basement for storage and private office. This Deli averages $9,000 per week with Gross Sales of $468,000.00 in 2011. The Net Income for 2011 was approx. $100k. They do have a Beer & Wine License, an ATM machine 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. Please call or email Mel Vaz today to learn more at 631-909-1095 or 631-265-7300
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.
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