Established Deli & Caterer-27674

Nassau County, NY
Nassau County

Asking Price: Annual Revenue:
$199,000 $484,650

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Deli & Caterer-27674 Broker: Melvin L. Vaz
Owner Financing is Available!
120,000.00 Down & $79K over 4 yrs. @ 6%.

Quick Facts

Asking Price: $199,000
Annual Revenue: $484,650
Net Profit: Not Disclosed
Cash Flow: $142,847
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 4
BBN Listing #: 86714447
Broker Reference #: 27674

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Business Overview:

**MAJOR PRICE REDUCTION** Established Deli & Caterer in affluent S. Shore town. This location has been a deli for over 50 years! The current owner has been here for the past 7 years, and is the most popular deli in town. It is surrounded by residential homes. They offer all your deli favorites, including hot and cold items, steam table and cold cuts by the pound. The space is 1,800 sq. ft., with 7 yrs. left on the current lease (2yrs., plus a 5 yr. option) at a rent of only $3100/mth. There is a full kitchen with hood system. In the past year, the business grossed approx. $499,000.00 with a net income of approx. $142,847.00. There is still room to grow by adding cigarettes and LOTTO. These additions alone could increase sales by 10-15%. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds to cover the asking price and inventory. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Other Business Interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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