Deli Right off LIE - 1,600 SF - 31408

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$70,000 $572,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Deli Right off LIE - 1,600 SF - 31408 Broker: Melvin Vaz
Owner Financing is Available!
$50,000.00 Down & $20,000 over 2 years @ 6%

Quick Facts

Asking Price: $70,000
Annual Revenue: $572,000
Net Profit: Not Disclosed
Cash Flow: $58,464
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 8454447
Broker Reference #: 31408

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Business Overview:

Deli Right off LIE - 1,600 Square Feet. *PRICE REDUCED* Location, Location, Location! Located right off of the Long Island Expressway, this popular deli attracts a high volume of commuters, truckers, and landscapers. The large parking lot offers easy access and accommodates the volume of morning business. It is a spacious 1,600 square feet with seating for 18, separate coffee station, 2 walk-ins, 12' salad case, and a 5' meat case. Neighboring stores and nearby sports fields attract a high number of customers. The business has a 10 year lease with a rent of $5,200/month. This is very fair for a prime location. The owner is selling due to child care responsibilities with a new infant. The business is currently managed on an absentee basis. Despite this, in the most recent year the business has grossed approximately $572,000.00 (average of $11,000/week) with a net of approximately $58,464.00. A HANDS ON OWNER COULD SIGNIFICANTLY IMPROVE THIS. This business is priced using current and accurate numbers. We are seeking a serious and financially qualified buyer with at least $65,000 in liquid funds to cover the down payment, rent security and inventory. To learn more, please contact Mel Vaz today e-mail us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Recent child birth.

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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