New York Business For Sale

Deli "Lotto" - Medford /Patchogue area

Suffolk, NY

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$155,000
$520,000
$80,000
$80,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
8
20915425
Owner Financing is Available
Need $130,000 down, price negotiable with cash-out offer

Business Overview:

This Deli is a Free Standing Building located on Main Street with "Good Exposure" near the Medford /Patchogue area of Suffolk County. The Deli is approximately 1,800 sq ft with an 800 sq ft basement across from a municipal parking lot. This Deli has "Lotto," Scratch Off Games, a Beer & Wine License, an ATM machine and "Sells Cigarettes for additional income. The Rent is $3,700 per month and it has a 10-yr Lease with increases of only 1.4% per year. The Property is Available to the right buyer.

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:

The Deli is approximately 1,800 sq ft with an 800 sq ft basement across from a municipal parking lot.

Market Competition and Expansion:

There is plenty of room for growth, the seller does very little advertising.

Reason for Selling:

Divorce forces sale

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.
 

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