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Business for Sale Summary

High Volume Deli - North Shore - 31431

Business Type: convenience store,other eating & drinking places,other food stores,best deals!,new to market,seller financing available,delicatessen/catering services
High Volume Deli - North Shore
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This business has received 22 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $330,000
Gross Revenues $776,744 Lease Remaining Register Free to View
Owner’s Cash Flow $204,607 Number of FT Employees Register Free to View

Financing

$330,000 Down and $220K over 4 yrs. @ 6%.

Business Description

High Volume Deli - North Shore. Located in a strip mall with great parking (40 spaces), this business has been established for over 30 years with owners finally looking to retire. They have become the best known deli in this affluent north shore community. They offer a full line of hot and cold foods, cold cuts by the pound, freshly prepared sandwiches, salads and a huge selection of beverages including beer. The store is open 7 days from 5am-9pm. The store is a spacious 1,700 sq. ft. with a full basement w/ conveyor belt. There are over 8 years left on the current lease at a rent of $6,700/mth. with 4% annual increases. In the past year the business grossed approx. $835,000.00 with a cash flow of approx. $208,000.00. We are seeking a serious and financially qualified buyer with at least $330K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.