Price Drop | 5 1/2 Day industrial Deli W / Prop

Garden City, NY
Nassau County

Asking Price: Annual Revenue:
$1,800,000 $832,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Drop | 5 1/2 Day industrial Deli W / Prop Broker: Henry Galasso

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $832,000
Net Profit: Not Disclosed
Cash Flow: $131,540
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 30
Employees: Not Disclosed
BBN Listing #: 110035273
Broker Reference #: 11550

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Business Overview:

Situated in this Nassau County Industrial Park on a corner location of a main rd is a one of a kind Opportunity. Very rarely do you see a 100% occupied building in this heavily populated industrial park go on the market. The financial information on the website is for the Deli which occupies half this building. The seller is asking $375,000 for the business or own the whole package of Business and property at an asking price of $1.8M. The building is 4,000 Square Feet that sits on a 10,000 square feet piece of property. Taxes on the property are $34,000. Total rent collected from the 2 businesses that occupy this location is $7,600 monthly plus the taxes which are paid from the deli. There is so much room for growth in the deli. The current owner who is ready to retire does not take advantage of the huge catering and deliveries this area has to offer. Adding online ordering, advertising & social media are just some ideas to build up sales. This location used to do $30,000 weekly with the previous owner who was more experienced than the current operator. With an experienced operator this is an unbelievable opportunity. Too much to list. To set up a walkthrough at the location please contact Joseph Mesi or email us.

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Reason for Selling:

Owner is Retiring.

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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