Deli & Convenience Store - 26858

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$200,000 $425,000

Food & Beverage: Convenience Stores

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RE: Deli & Convenience Store - 26858 Broker: Jim Aloi
Owner Financing is Available!
125,000.00 Down & $75,000 for 5 Years at 7%

Quick Facts

Asking Price: $200,000
Annual Revenue: $425,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 87704447
Broker Reference #: 26858

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Business Overview:

Convenience store and deli 2000 SF With full basement with office and 2 storage areas. This Store has new heat new A/C New compressors & new hot water heater. Includes 16 year lease and rent for only $2900 per month. Rent increases only 3% per year! This store opened 4 years ago. Seller does no advertising, no promoting & no delivery This store is located near a state building with 5,000 employers. Located in a shopping strip with great parking on a busy route with great exposure. This is the best lease you can ever get. This store is well equipped. It includes a small kitchen, prep area, coffee center, and large reach in coolers. They have a griddle and fryer with gyros in the front area, a cold cut counter, and an area to add produce. Experienced buyer can triple present sales by promoting business offering fax and delivery, adding more items, adding bill pay, adding Slurpee's, adding more hot foods including Spanish and American foods. This build out cost $250k- seller's loss is buyer's gain. Inventory except cigarettes and beer included. This store has a very low overhead and electric bill. This store can make a buyer proud & profitable for the next 16 years. Buyer can add chopped salads, yogurt, ice cream, BAGELS, Contact broker for appointment and to make an offer. BUYER WHO OPENS EARLIER AND MAKES SOME SMALL IMPROVEMENTS CAN GREATLY INCREASE PRESENT NUMBERS. Seller is now working about 40 hours per week.This store offer ATM & NYS Lottery,16 security cameras plus a point of sale system.

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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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