Established Deli in Suffolk County, NY - 29772

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$120,000 $436,800

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Deli in Suffolk County, NY - 29772 Broker:

Quick Facts

Asking Price: $120,000
Annual Revenue: $436,800
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 3
BBN Listing #: 61124447
Broker Reference #: 29772

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Business Overview:

Established deli with low rent and short hours. This is a stand-alone location, right on Main Street, near the Medford area of Suffolk County. The rent is only $2,800 per month (including taxes), and it has six years left on the lease, which can be extended for a qualified tenant. The landlord may give an option to buy the building. They are open Monday through Friday- 4:30am - 4pm, Saturday- 6am - 2pm, and Sunday- 6am - 1pm. The kitchen has been recently renovated. This is a free-standing building of approximately 1,600 square feet, with a large basement for storage and private office. This deli averages $8,400 per week, with gross sales of $436,800.00 in the past year. The net income was approximately $84,000. They do have a beer and wine License, an ATM and cigarettes that generate additional income. The seller is motivated, with some flexibility on price. We are looking for a buyer with at least some deli experience. We are seeking a serious and financially-qualified buyer with at least $120,000 in liquid funds. To learn more, please contact Mel Vaz or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Additional Details:

  • The property is leased.
  • The owner is not 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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