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Business for Sale Summary

High End North Shore Deli - 35251

Business Type: bagel stores,illness forces sale!,misc. retail/non-classifiable,other eating & drinking places,other food stores,seller financing available,delicatessen/catering services
High End North Shore Deli
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This business has received 36 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $350,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $145K over 4 yrs.@ 6%.

Business Description

Landmark Deli and Bagel Store. Affluent N Shore location. Over 15 years in business! This is “THE PLACE” for the local neighborhood and several surrounding towns. They have the numbers to prove it. In the past year the business grossed approx. $1,800,000.00 with an owner’s cash flow of approx. $200,000.00. There are not many places that can boast numbers like this. It is a traditional deli making all the classics, plus high-end catering. Unfortunately, one of the partners recently passed away and that is the reason for the sale. You must come visit discreetly and taste for yourself. The business is fully equipped and fully staffed with 9 FT and 6 PT employees. The space is 1,500 sf. with a long term lease possible for a well-qualified buyer. The current rent is $7,800/mth. The seller may consider seller financing for a well-qualified buyer with food service experience, good credit and a personal guarantee. We are seeking a serious and financially qualified buyer with at least $350K in liquid funds to cover a down payment. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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.