North Shore Suffolk BUSY Deli / $23,000 Weekly

Not Disclosed, NY
Suffolk County

North Shore Suffolk County

Asking Price: Annual Revenue:
$229,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: North Shore Suffolk BUSY Deli / $23,000 Weekly Broker: Ken Stein

Quick Facts

Asking Price: $229,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 94814701
Broker Reference #: 14113

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Business Overview:

This deli has been in operation for decades and has been the go-to place in a AAA DESIRABLE- UPSCALE-AFFLUENT area. The owner is ready to retire after making MILLIONS over the years and is ready to pass on the baton. HUGE POTENTIAL because this deli was doing a solid $50,000 weekly but towards the end of his career, he has let it go and now doing $22,000-$24,000 weekly. That said he is still netting $150,000 per year. It has 25 seats and 1,700 square feet with a full basement. The location cannot be better. The owner is very transparent, and easily makes $150,000. SELLING LESS THAN 2 x NET. Please refer to listing #14113 when inquiring about this listing.

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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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