Financing: $129,000.00 Down and Possibly
Reason for Selling:Investment Sale
Renovated Deli in High Traffic Shopping Center. The location is A-Plus, Diamond. There is a high volume Supermarket, Bank, Movie Theater and Dunkin Donuts in this shopping center, YET THE RENT IS ONLY $2,200/MTH. (Incl. taxes and CAM). They have a 10 year lease with only 3% increases. The current owners took over this location less than one year ago with the idea to clean it up, update the menu and then sell it. So far, they are right on track. The store had been doing only $3,000/wk in sales when they bought it and they increased sales to $7,000/wk in less than six months. Sales continue to grow. A Net Income of at least $95,420.00 is expected by the end of year one. That is a conservative estimate. If you have been looking for a food service business you must at least drive out to visit this location. You won't regret it. Act quickly, this business will not last. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com.
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