Busy Deli & Convenience Store - 29790

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$550,000 $724,000

Food & Beverage: Convenience Stores


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RE: Busy Deli & Convenience Store - 29790 Broker: Syed Ahmed
Owner Financing is Available!
300,000.00 Down & $250,000 down seller will hold a note.

Quick Facts

Asking Price: $550,000
Annual Revenue: $724,000
Net Profit: Not Disclosed
Cash Flow: $97,950
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 4
BBN Listing #: 93704447
Broker Reference #: 29790

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Business Overview:

This 25 years old deli & convenience store is located in the hub of a very busy neighborhood on Long Island. Seller wants to retire. He would like to sell the property as well, which has two apartments which each give $2800 a month as a rental income for 12 years. There is an opportunity to expand the deli, which could be converted into a nice mini supermarket. Seller looking to sell business with the property for $550,000 with a downpayment of $250,000 with a note being held by the seller. Business alone is for $100,000. Property is offered for sale through PMTG Realty. Deli does around $14,000 a week in gross sale. Lotto can be added to increase the revenues. Do not miss this great business with property.

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Reason for Selling:

Seller is retiring.

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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