Established Deli and Caterer For Sale-27674

Not Disclosed, NY
Nassau County


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

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Deli and Caterer For Sale-27674 Broker: Melvin L. Vaz
Owner Financing is Available!
$120,000.00 Down & $79,000 over 4 years @ 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: Not Disclosed
Employees: 4
BBN Listing #: 87494447
Broker Reference #: 27674

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Business Overview:

*MAJOR PRICE REDUCTION* Established deli and caterer for sale in an affluent South Shore town. This location has been a deli for over 50 years! The current owner has been here for the past seven years, and it's 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 square feet, with seven years left on the current lease (two years, plus a five-year option), at a rent of only $3,100/month. There is a full kitchen with hood system. In the past year, the business grossed approximately $499,000.00, with a net income of approximately $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 $120,000 in liquid funds to cover the asking price and inventory. To learn more, please contact Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Moving.

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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