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Established Deli in Suffolk County, NY - 29772 for sale in NY

New York (NY)

Asking Price: Gross: Cash Flow:
$ 120,000 $ 436,800 $ 84,000

Business Summary:
Established deli with low rent and short hours. This is a stand-alone location, right on Main Street, near the Medford area of Suffolk County. The rent is only $2,800 per month (including taxes), and it has six years left on the lease, which can be extended for a qualified tenant. The landlord may give an option to buy the building. They are open Monday through Friday- 4:30am - 4pm, Saturday- 6am - 2pm, and Sunday- 6am - 1pm. The kitchen has been recently renovated. This is a free-standing building of approximately 1600 sq. ft., with a large basement for storage and private office. This deli averages $8400 per week, with gross sales of $436,800.00 in the past year. The net income was approx. $84k. They do have a beer and wine License, an ATM and cigarettes that generate additional income. The seller is motivated, with some flexibility on price. We are looking for a buyer with at least some deli experience. We are seeking a serious and financially-qualified buyer with at least $120K in liquid funds. To learn more, please call Mel Vaz at 1-877-735-5224. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers

 

   
Number of Employees: 1FT/2PT  
   
Owner willing to train: Yes  
   
Reason for selling: Other interests.  
   
Seller Reference Number: 29772
BusinessMart.com Listing Number: 236446
 

 

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Vested Business Brokers

Vested Business Brokers
631-265-7300

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