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Business for Sale Summary

Pizza & Deli For Sale in Suffolk County, NY - 30273

Business Type: bagel stores,other food stores,pizza parlour,best deals!,new to market,seller financing available,delicatessen/catering services
Pizza & Deli For Sale in Suffolk County, NY
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This business has received 73 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $535,000 Down Payment $300,000
Gross Revenues $1,250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and 235,000.00 for 7 years @6

Business Description

High-volume, five-day deli and pizzeria for sale. This goldmine location is open only a few hours on Saturday. This is the best deal around. This deli has a lease with 21 years remaining. Its a large, 4000 sq. ft. space. Rent, with sewer, cam and tax, is way under-market at only $4,400 per month. This spot has the best possible lease. This busy store pays way too much in payroll, as the owner is slowing down and needs to retire. Tons of room for growth here. There is seating for 80 people. A buyer can promote more catering. The present owner has seven delivery people included in staff. This deli also can improve its present numbers by raising prices, which has not been done in ten years. Some updating could also be done. Seller will hold 50% note for seven years. Not many like this one! Imagine a bright, profitable future for 21 years. Contact broker Jim Aloi for more information. Buyer can also add hot bagels and cold beer. Presently, 30% of sales are pizza. An experienced buyer who makes a few changes may net $350k in the near future. Call today.

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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.