Stand Alone Deli with Parking-27828

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$99,000 $365,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Stand Alone Deli with Parking-27828 Broker: Melvin L. Vaz
Owner Financing is Available!
99,000.00 Down & None

Quick Facts

Asking Price: $99,000
Annual Revenue: $365,000
Net Profit: Not Disclosed
Cash Flow: $90,250
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 6
BBN Listing #: 43794447
Broker Reference #: 27828

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Business Overview:

Stand Alone Deli w/ parking- RENT VERY LOW - ONLY $2,700/mth. for 1,500 sq. ft. There are 10 yrs. left on the lease. THE STORE IS RUN ON AN ABSENTEE BASIS. The owner is selling because he has several other businesses and cannot give enough attention to this place. This location has been a deli for over 20 years! It is a stand-alone building with a parking lot for at least 10 cars. They just installed a new salad case, steam table and salad bar. Thy offer a full and spacious kitchen with grill, hood and ansul system. In the past year the business grossed approx. $380,000.00 with a net income of approx. $90,000.00 (RUN ABSENTEE). There is plenty of room to grow. THEY DO NOT OFFER LUNCH FAX ORDERS, SPECIALS OR DELIVERY. THEY ARE CLOSED FOR EVERY MAJOR HOLIDAY. IN FACT, THEY ARE ONLY OPEN FROM 6AM-4PM. The business is fully staffed, but payroll is very high since the owner is never there. An owner/operator can reduce payroll by at least $30K/yr. YOU WILL NOT FIND ANOTHER DELI ON THE MARKET THAT WILL PUT A MINIMUM OF $90K IN YOUR POCKET FOR ONLY $99K! We are looking for serious and financially qualified buyer with deli/food service experience. If you fit the bill, call 1-877-735-5224 for further information.

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Reason for Selling:

Owner has several other businesses

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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