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Business for Sale Summary

Established Meat & Deli Business in New York - 36231

Business Type: misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,delicatessen/catering services
Established Meat & Deli Business in New York
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Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $250,000
Gross Revenues $676,000 Lease Remaining Register Free to View
Owner’s Cash Flow $135,200 Number of FT Employees Register Free to View

Financing

$250,000 Down and $149K over 4 yrs. @ 7%

Business Description

52 Y/O Prime Meats, Deli and Catering. Est. 1972. 4th Generation! Only open 6 days, Tu-Sat 9-6, Sunday 9-3 and closed on Monday. This 2,500 sq. ft. store has it all. Family owned and operated, they are a landmark in the community. They offer a full line of Gourmet Italian Specialties, hot and cold foods and a butcher shop. Catering for any event from 5 to 500 guests and much, much more. In the past year gross sales have averaged $13,000/wk, apprx. $676,000 for the year, but continue to trend up in the Spring and Summer. An owner/manager would see a cash flow of approx. $135,200 or more. The current is tired and looking to retire. The landlord will offer a well-qualified buyer a long term lease, starting at $5,200/mth. The store is 2,500 sf with an immaculate, full-kitchen, including hood system, walk-ins, deli slicers, coolers and much more. It would cost you over $300K to build a space like this today. We are seeking a serious and financially qualified buyer with at least $250K in liquid funds. Proof of funds will be requested prior to meeting with the owner. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet.

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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.