Gourmet Deli & Caterer - Property Available-30982

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$399,000 $876,212

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Gourmet Deli & Caterer - Property Available-30982 Broker: Melvin L. Vaz
Owner Financing is Available!
260,000.00 Down & $139K over 4 yrs. @ 6%

Quick Facts

Asking Price: $399,000
Annual Revenue: $876,212
Net Profit: Not Disclosed
Cash Flow: $228,383
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1918
Employees: 4
BBN Listing #: 55374447
Broker Reference #: 30982

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Business Overview:

Landmark Italian Gourmet Deli *PRICE REDUCED* In business for over 18 years. The business has a great reputation and brand that is well-known throughout the area. They are a full-service deli and caterer. This is a one-stop shop, where you can shop for gourmet prepared foods and a wide variety of Italian imports. The store is a spacious 2,500 square feet, with a full kitchen. There are 15 years (10 5) left on the current lease. In fact, the building is for sale for an additional $550,000. In the past year, the business grossed approximately over $889,012.00 with a cash flow of approximately $228,000. The owner will stay on for a month of training, if necessary. The seller keeps all register "z-outs" and purchases to help verify sales. The business is fully-staffed with four Full Time and one Part Time employee. The key employees have been working here for 17 years, or longer. The sale price includes a Nissan Pathfinder for pick-ups and deliveries. We are seeking a serious and financially-qualified buyer with at least $270,000 in liquid funds and management skills. To learn more, please contact Mel Vaz today. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

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Reason for Selling:

Family illness.

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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