Great High Volume Delicatessan - 28700

New Suffolk, NY (Suffolk County)

Seller Financing Available
Great High Volume Delicatessan  - 28700

Asking Price:$500,000

Cash Flow:$250,370

Gross Revenue:$1,630,000




Rate/Sq. Ft.:N/A


*not included in asking price.

Great High Volume Delicatessan - 28700

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Business Description

This 80 years old convenience & deli is located on one of the busiest roads on Long Island. the surrounding area is considered to be one of the richest areas in US; therefore, the profit margin is very high. The sellers owns it for 31 years; they own the property too : size of the property is one and a half acres: taxes are $6,000 a year. They want to retire. Weekly gross sales is between $31,000 to $35,000. Sellers are willing to sell the business for $500,000, with $300,000 as a down payment. Seller are willing to finance. Even for property, with 20% as a down payment; sellers will hold a mortgage: $1.625 millions for the property. Sellers' net cash flow, after paying all the expenses, is $250,000 a year. Business is at a great location, without any competition from the neighborhood. Proof of funds is a must. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at or call us at 1-877-735-5224 to discover the difference that is Vested Business.

Detailed Information

Not included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
6 FT 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
will consider
Support & Training:
Seller will train
Reason for Selling:

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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