Owner Financing is Available
Business Overview:
This Deli is being sold with Property. It is located on Main Street with "Good Exposure" near the Medford area of Suffolk County. The Deli Grosses approximately $525,000 per year and Nets $78,000. The Building is a Free Standing wood frame "2-Story" structure that is approximately 1,800 square feet with an 800 square feet basement and a separate Garage. The Property is Zoned Commercial and Residential. The Property size is 40' x 499' = 19,960 square feet and the 2009 Property Taxes are $7,907.00 per year. The Deli is on main floor is approximately 1,200 square feet and the 2nd floor is approximately 600 square feet with a large office and large dry goods storage area. The 2nd floor could be "converted" to a small apartment for an estimated cost of about $35,000. There is a large municipal parking lot across the street.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Free Standing "2-Story" Building approximately 1,800 square feet with an 800 square feet basement and a separate Garage. The Property is Zoned Commercial /Residential. Located on Main Street near the Medford area of Suffolk County. Deli is on main floor and is approximately 1,200 square feet. The 2nd floor is approximately 600 square feet with a large office and large dry goods storage area. The 2nd floor could be "converted" to a small apartment for an estimated cost of about $35,000. There is a large municipal parking lot across the street.
Market Competition and Expansion:
This property is zoned Commercial /Residential. It is possible to convert the 2nd floor to an income apartment.
Reason for Selling:
Personal
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.