Deli Right off LIE - 1,600 SF *PRICE REDUCED* - 31408

Suffolk County, NY

Seller Financing Available
Deli Right off LIE - 1,600 SF *PRICE REDUCED*  - 31408
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Asking Price: $70,000

Cash Flow: $58,464

Gross Revenue: $572,000

EBITDA: N/A

FF&E: $50,000

Inventory: $3,000*

Established: N/A

*not included in asking price.

Deli Right off LIE - 1,600 SF *PRICE REDUCED* - 31408

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Business Description

Deli Right off LIE - 1,600 SF. *PRICE REDUCED* Location, Location, Location! Located right off of the Long Island Expressway, this popular deli attracts a high volume of commuters, truckers, and landscapers. The large parking lot offers easy access and accommodates the volume of morning business. It is a spacious 1,600 sq. ft. with seating for 18, separate coffee station, 2 walk-ins, 12' salad case, and a 5' meat case. Neighboring stores and nearby sports fields attract a high number of customers. The business has a 10 year lease with a rent of $5,200/mth. This is very fair for a prime location. The owner is selling due to child care responsibilities with a new infant. The business is currently managed on an absentee basis. Despite this, in the most recent year the business has grossed approx. $572,000.00 (avg. of $11K/wk) with a net of approx. $58,464.00. A HANDS ON OWNER COULD SIGNIFICANTLY IMPROVE THIS. This business is priced using current and accurate numbers. We are seeking a serious and financially qualified buyer with at least $65K in liquid funds to cover the down payment, rent security and inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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 listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Suffolk County, NY
Inventory:
Not included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
50,000.00 Down & $20K over 2 yrs.@ 6%
Support & Training:
Yes
Reason for Selling:
Recent child birth.
Business Website:
http://www.vestedbb.com
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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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