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Established Deli with Low Rent and Short Hours
Suffolk County, NY |
Listing #21128 |
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| Financial Information (non-confidential) |
| Asking Price |
$99,000.00 |
Gross Revenues |
$431,337.00 |
| Down Payment |
$99,000.00 |
Owner’s Cash Flow |
$100,334.00 |
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Financing: $99,000.00 Down and Negotiable
Reason for Selling:Commute Time/Personal Reasons
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
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
