Lucrative Deli Suffolk County 32119

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$850,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Lucrative Deli Suffolk County 32119 Broker: Jim Aloi
Owner Financing is Available!
$450,000 down & $400,000 payable over 5-6 years at 8%

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $333,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: $10,000
Year Established: 1974
Employees: 9
BBN Listing #: 62734447
Broker Reference #: 32119

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Business Overview:

This is a 45 year old deli that was just fully updated for over $300,000. The work was done 2 years ago, and the business is growing rapidly. This deli has short hours. They do not presently sell beer, Lotto or cigarettes. They do not deliver or promote their catering services. There is a 13-year lease and rent are $3,216, with only 2 percent increases. This store is extremely profitable they run at a low food cost, selling mostly prepared food. Net sales are just under $7,000 per week, and can increase exponentially. Near a major college. Super triple AAA Location. Contact broker Jim Aloi for a meeting!

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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