Listing Expired

Business For Sale

Food & Beverage: Restaurants, Fast Food, Deli


Renovated Deli in High Traffic Shopping Center

Suffolk County, NY

Asking Price: Annual Revenue:
$129,000 $349,000

Business Overview:

Renovated Deli in High Traffic Shopping Center. The location is A-Plus, Diamond. There is a high volume Supermarket, Bank, Movie Theater and Dunkin Donuts in this shopping center, Yet The Rent Is Only $2,200/Month. (Incl. taxes and CAM). They have a 10 year lease with only 3% increases. The current owners took over this location less than one year ago with the idea to clean it up, update the menu and then sell it. So far, they are right on track. The store had been doing only $3,000/wk in sales when they bought it and they increased sales to $7,000/wk in less than six months. Sales continue to grow. A Net Income of at least $95,420.00 is expected by the end of year one. That is a conservative estimate. If you have been looking for a food service business you must at least drive out to visit this location. You won't regret it. Act quickly, this business will not last.

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Reason for Selling:

Personal

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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Contact the Seller

RE: Renovated Deli in High Traffic Shopping Center Broker: Melvin L. Vaz Vested Business Brokers

Quick Facts

Asking Price: $129,000
Annual Revenue: $349,000
Net Profit: Not Disclosed
Cash Flow: $95,140
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1975
Employees: 5
Listing Number: 80564447

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