5 1/2 Day Deli - Nassau - Merrick Rd - Very Busy

Valley Stream, NY
Nassau County

Asking Price: Annual Revenue:
$799,000 $930,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 5 1/2 Day Deli - Nassau - Merrick Rd - Very Busy Broker: Henry GALASSO

Quick Facts

Asking Price: $799,000
Annual Revenue: $930,000
Net Profit: Not Disclosed
Cash Flow: $281,260
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 166335273
Broker Reference #: 12036

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Business Overview:

Nassau county Deli located in a prime spot. Merrick Rd in the middle of one of the busiest areas. Turn key with a full staff in place. Seller will finance with the right offer to a qualified buyer.

General Numbers
Yearly Gross Sales: $900,000
Current Weekly Gross: $18,000 - $20,000
Current Rent: $3,010/month ALL IN (no CAM/taxes/maintenance)
Lease: 8 years (December 2029); landlord is good, doesn't come around unless you need something (better that way) and has shown interest in extending the lease.

Current Payroll: About $4,300/week (50% - 75% absentee)
Total Free Cash Flow (Clear money to your pocket after all is said and done): About $280,000

*Numbers verifiable through bank statements and online POS ordering system reports
Business Hours
Monday - Friday: 6am - 4pm
Sat: 6am - 3pm
(Only 59 operating hours)

General Notes:

15 Years Established location ( original owners since November 2006 that built the store from sratch) with great branding and reputation, very loyal client base.

Fully trained staff- 6 employees and all have been there for 4 years or more. Great Manager in place to help next owner.

Easy operation
Easy menu, no complicated food or new learning needed, just make and go quick serve American style Deli.
No hot food (brand new steam table in place and ready to be used)
Location can get license for beer/lotto/cigarettes/groceries
Closed on Sundays & all Holidays
All Equipment is NEW or within 2 years
10 TV Digital Menus already installed (9 for menu, 1 for marketing)
Beautiful website design
Online ordering platforms all ready with price increased by 35% to make up for commissions they take (Uber, Grubhub, DoorDash, ChowNow)
Extremely smooth workflow and setup- the job is easy for the employees
Brand new 4K 8 Camera system viewable with mobile app remotely WITH AUDIO (you can hear and see everything and it saves for about 2 months).

Small office desk place with new computer and new $500 Eco Ink tank printer.

New Tables/Chairs seating area
Walk-In Box has new fans and compressor
Extremely clean and well maintained as you will see
Everything in the store is automated to make the job as easy as possible.

Areas of Opportunity for Next Owner

If you are willing to work you can easily save on payroll. Current owner does not go to work unless someone needs off. Current owner goes in a few days a week for a few hours just to show face to customers and keep up with the employees but most of the time just to pick up paperwork If you hire 1 more person for about $400 a week, you can run it 100% absentee.

Pass out Menus and DO CATERING! No marketing an little catering right now and there is definitely a demand for it, especially hot food catering.
Extend hours or open on Sundays if you want to make even bigger money.

Current owner willing to stay on for a bit to help the next owner but you will also have the Manager as well to help keep things going smooth.

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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.

Relevant Links:

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