High Volume Deli - North Shore - 31431

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$550,000 $776,744

Food & Beverage: Production - Bakery, Farms, Winery


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RE: High Volume Deli - North Shore - 31431 Broker: Mel Vaz
Owner Financing is Available!
$330,000.00 Down & $220,000 over 4 years @ 6%.

Quick Facts

Asking Price: $550,000
Annual Revenue: $776,744
Net Profit: Not Disclosed
Cash Flow: $204,607
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 30
Employees: 12
BBN Listing #: 35194447
Broker Reference #: 31431

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Business Overview:

High Volume Deli - North Shore. Located in a strip mall with great parking (40 spaces), this business has been established for over 30 years with owners finally looking to retire. They have become the best known deli in this affluent north shore community. They offer a full line of hot and cold foods, cold cuts by the pound, freshly prepared sandwiches, salads and a huge selection of beverages including beer. The store is open 7 days from 5am-9pm. The store is a spacious 1,700 sq. ft. with a full basement with conveyor belt. There are over 8 years left on the current lease at a rent of $6,700/month with 4% annual increases. In the past year the business grossed approximately $835,000.00 with a cash flow of approximately $208,000.00. We are seeking a serious and financially qualified buyer with at least $330,000 in liquid funds to cover the down payment. 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:

Retirement

Additional Details:

  • The property is owned.
  • 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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