Established Deli /Convenience Store

Retail - Other Food Stores | Retail - Convenience Stores

Asking Price	$179,000	Inventory
Gross Income	$500,000	Real Estate
Cash Flow	$120,000	Year Established	1996
FF&E	$125,000*	Employees	4 ft 3pt

* included in the asking price

** not included in the asking price

This Deli /Convenience Store has been "Established" for over 14 years and is located in Eastern Suffolk on the North Shore. It is a "Freestanding" Building with "High Exposure," plenty of parking, a "Full Basement" (1200 sq ft + 1200 sq ft basement) and seating for 6-inside and 12-outside. Most of the Kitchen equipment was replaced "New" approximately 1-1/2 yrs ago. The Deli has 3-small isles of convenience products, an On Premise Beer & Wine License, and an Alarm and "Surveillance System." This Deli used to have "Lotto" about 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business. The Lease is 10 1/2 yrs with a monthly rental of $3,890 (includes taxes, goes up 4% per yr). Seller will finance with 60% down to an experienced buyer. The Price is "Negotiable" for a "Quick Sale." **Seller Motivated** **Good Location** **Free-Standing Building** For more information, call John Stefan of JS Business Brokers at (631) 473-2973

Attachments: Download additional information (PDF)

Facilities: Freestanding Building, "High Exposure." 1200 sq ft plus a full basement and plenty of parking

Competition: There is "No" other Deli or Convenience Store in the immediate area.

Growth/Expansion: There is plenty of room to increase sales. The seller is ill and does very little advertising. Also, this Deli used to have "Lotto" approximately 10-yrs ago. It can easily be added back to the business to increase the customer traffic and the net profit of the business.

Financing: Seller will finance with 60% down to an experienced buyer. Price "Negotiable"

Support/Training: Seller will train

Reason Selling: Seller has Health Problems