Hi Volume Deli in Southampton 73k July 4th Week!!

Southampton, NY (Suffolk County)

Seller Financing Available
Hi Volume Deli in Southampton 73k July 4th Week!!
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Asking Price: $785,000

Cash Flow: $374,240

Gross Revenue: $1,800,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $6,180 /Month

Established: N/A

Hi Volume Deli in Southampton 73k July 4th Week!!

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Business Description

This Attractive, Contemporary Deli & Eatery has been recently renovated and now has Pizza and high volume take-out. In this south Hampton location the operators get TOP dollar for all products. HUGE MARGINS=HUGE PROFIT. The store is approximately 2,000 sq. ft. with Ample parking in very busy South Hampton neighborhood.
The business grosses approximately $20,000 a week in winter and $ 40,000.00 Weekly in Summer months July 4th 2019 week 73,000.00 sales( some weeks 50-80k) with plenty of take-out business and out-going catering. NET just under $400,000.00 The Rent is $6,180.00 month includes real estate taxes. **FABULOUS RENT FOR THIS UP-SCALE COMMUNITY**

Detailed Information

Location:
Southampton, NY
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/10/2029
Financing:
200000
Support & Training:
Seller willing to train new owner
Reason for Selling:
illness
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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